$AZTEC has something going on here.
It jumped 3 points in 15m, with volume reaching 3.27x its usual level and a Z-score of 3.78—this isn’t an ordinary spike. The key is that OI is rising at the same time: 1h contracts are up 1.12%, notional value increased by 163K, and the anomaly percentile is 95.4%, ranking #3 across the entire pool. Volume, price, and open interest are all moving together, which looks more like new longs entering than a flimsy short squeeze.
The details look good too: the closing price broke above the high of the last 20 5m candles, aggressive trade imbalance is 40.1%, and the buy/sell ratio is 2.34—buyers are clearly pushing.
It’s already nearing its own historical extremes, while 24h trading volume is only 7.92M, so the pool isn’t particularly deep. Momentum can easily get amplified in conditions like this. Watch whether it can hold above this breakout level: if it can’t, it’s a fakeout; if it can, the upside is where the real story begins.
It jumped 3 points in 15m, with volume reaching 3.27x its usual level and a Z-score of 3.78—this isn’t an ordinary spike. The key is that OI is rising at the same time: 1h contracts are up 1.12%, notional value increased by 163K, and the anomaly percentile is 95.4%, ranking #3 across the entire pool. Volume, price, and open interest are all moving together, which looks more like new longs entering than a flimsy short squeeze.
The details look good too: the closing price broke above the high of the last 20 5m candles, aggressive trade imbalance is 40.1%, and the buy/sell ratio is 2.34—buyers are clearly pushing.
It’s already nearing its own historical extremes, while 24h trading volume is only 7.92M, so the pool isn’t particularly deep. Momentum can easily get amplified in conditions like this. Watch whether it can hold above this breakout level: if it can’t, it’s a fakeout; if it can, the upside is where the real story begins.