$DOT has some real momentum here. It jumped 2.55% in 15m, with volume reaching 6.98x, a buy/sell ratio of 1.95, and an aggressive trade imbalance of 32%. That clearly points to buyers actively sweeping the market—not just waiting with limit orders.
More interestingly, OI is up 0.96% on 1h contracts, with notional value increasing by nearly 1 million U. Its anomaly percentile is 93.1%, ranking #17 across the entire pool. Price and open interest are rising together, which suggests new longs are entering with leverage—not the kind of false strength you get from short covering.
The closing price has broken above the highs of the last 20 or so 5m candles, and the move has continued for several periods. This kind of setup usually doesn’t play out all at once. 24h trading volume has just topped 100 million, so the overall size is still not that large.
DOT being DOT: it usually lies dormant, then when it moves, it likes to push higher. First, let’s see if it can hold this range.
More interestingly, OI is up 0.96% on 1h contracts, with notional value increasing by nearly 1 million U. Its anomaly percentile is 93.1%, ranking #17 across the entire pool. Price and open interest are rising together, which suggests new longs are entering with leverage—not the kind of false strength you get from short covering.
The closing price has broken above the highs of the last 20 or so 5m candles, and the move has continued for several periods. This kind of setup usually doesn’t play out all at once. 24h trading volume has just topped 100 million, so the overall size is still not that large.
DOT being DOT: it usually lies dormant, then when it moves, it likes to push higher. First, let’s see if it can hold this range.