$ACE has something going on in the 15m: volume shot up to 4.32x, Z-score is 3.79, and price is edging higher at 1.71%.
The key is OI—15m contract OI is up 0.36%, notional OI is up 1.61%, and the funding rate is still in a high recent percentile. OI anomaly percentile is 97%, ranking 4th across the entire pool. This doesn't look like a hollow pump from short covering; it looks more like fresh leveraged longs piling in. Aggressive trade imbalance is 16.3%, with a buy/sell ratio of 1.39, so the directional bias is pretty clear.
The closing price just broke above the upper bound of the last 20 5m ranges, touching a recent price boundary, with continuation across multiple consecutive periods. 24h trading volume is only 9.21M, so the pool isn't very deep. With this volume ratio and OI percentile, there could be another leg if 1h OI turns positive in tandem.
That said, 1h OI notional change is +3.58%, while contract OI is -0.29%, which suggests some divergence. Keep an eye on it, but don't get carried away just yet.
The key is OI—15m contract OI is up 0.36%, notional OI is up 1.61%, and the funding rate is still in a high recent percentile. OI anomaly percentile is 97%, ranking 4th across the entire pool. This doesn't look like a hollow pump from short covering; it looks more like fresh leveraged longs piling in. Aggressive trade imbalance is 16.3%, with a buy/sell ratio of 1.39, so the directional bias is pretty clear.
The closing price just broke above the upper bound of the last 20 5m ranges, touching a recent price boundary, with continuation across multiple consecutive periods. 24h trading volume is only 9.21M, so the pool isn't very deep. With this volume ratio and OI percentile, there could be another leg if 1h OI turns positive in tandem.
That said, 1h OI notional change is +3.58%, while contract OI is -0.29%, which suggests some divergence. Keep an eye on it, but don't get carried away just yet.