$FET This 15m move is interesting: price rose 0.88%, volume jumped to 2.05x, and the Z-score hit 2.52. The close also broke above the highs of nearly 20 recent 5m candles. But OI didn't follow—in fact, 15m futures OI slipped 0.02%, while 1h OI managed only a modest +0.67%. This is a classic short-covering setup, not fresh longs entering; shorts are getting squeezed.

The taker flow imbalance is 8.5%, with a buy/sell ratio of 1.19—buy-leaning, but not aggressive. The anomaly percentile across the full pool is 82.3%; nominal change ranks #30 and anomaly ranks #19. It's stayed elevated for several consecutive periods, and that persistence is more credible than a one-off spike.

24h trading volume is 54.87M, so liquidity is sufficient. The key is whether OI can shift from covering to genuine position opening. Otherwise, this could be a one-and-done move. Keep an eye on it.