$AVAX is showing some interesting action on the 15m chart.
Price is up 0.83%, which isn’t much, but the taker buy/sell ratio hit 1.95, with a taker volume delta of 32.2%—buyers are clearly pushing. Meanwhile, OI is up 0.14% over 15m, notional is up 838K, and volume is at 1.54x. This isn’t a hollow bounce from shorts closing; fresh leveraged longs are genuinely entering.
Key levels: The close broke above the range high of the last 20 5m candles. The OI anomaly percentile is 87.9%, ranking #15 across the entire pool for anomalies and #9 for notional change. Both depth and volume confirm the move—it’s not just a single-candle spike.
The one thing to watch is that 1h OI is still down 0.67%, which means some positions are still being unwound on the hourly timeframe. The short-term bias is bullish, but don’t chase too high; waiting for a pullback and confirmation is safer.
First, let’s see if price can hold above this range high.
Price is up 0.83%, which isn’t much, but the taker buy/sell ratio hit 1.95, with a taker volume delta of 32.2%—buyers are clearly pushing. Meanwhile, OI is up 0.14% over 15m, notional is up 838K, and volume is at 1.54x. This isn’t a hollow bounce from shorts closing; fresh leveraged longs are genuinely entering.
Key levels: The close broke above the range high of the last 20 5m candles. The OI anomaly percentile is 87.9%, ranking #15 across the entire pool for anomalies and #9 for notional change. Both depth and volume confirm the move—it’s not just a single-candle spike.
The one thing to watch is that 1h OI is still down 0.67%, which means some positions are still being unwound on the hourly timeframe. The short-term bias is bullish, but don’t chase too high; waiting for a pullback and confirmation is safer.
First, let’s see if price can hold above this range high.