$W This contract is looking interesting. Price is grinding slowly higher. A 1.71% gain may not look explosive, but OI has been rising steadily across both the 15m and 1h timeframes, with the 1h up +4.49% and notional growth approaching 2M U. This setup is more worth watching than a simple price pump.
The anomaly percentile is 97.2%, ranking #9 across the entire pool for anomalies and #7 for notional change—basically right up against the extreme zone. Volume is 2x normal, and the taker buy/sell ratio is 1.17: bullish, but not the kind of uncontrolled scramble for positions. It looks more like new leveraged longs entering in an orderly fashion than shorts being forced to cover.
With 24h trading volume of 243M, this isn’t a small pool. If OI keeps building here without a breakout on higher volume, be wary of longs crowding each other out. First see if price can hold steady—don’t get carried away just yet.
The anomaly percentile is 97.2%, ranking #9 across the entire pool for anomalies and #7 for notional change—basically right up against the extreme zone. Volume is 2x normal, and the taker buy/sell ratio is 1.17: bullish, but not the kind of uncontrolled scramble for positions. It looks more like new leveraged longs entering in an orderly fashion than shorts being forced to cover.
With 24h trading volume of 243M, this isn’t a small pool. If OI keeps building here without a breakout on higher volume, be wary of longs crowding each other out. First see if price can hold steady—don’t get carried away just yet.