$SXT has something going on.
It ripped 8.45% in 15m, with volume surging to 15.29x—that's not the kind of volume retail traders can generate. OI is rising in sync, up 3.14% over 1h, with an anomaly percentile of 98.6%, ranking #5 across the entire pool—new leveraged longs are entering, not the kind of artificial rise caused by short covering.
Price broke above the upper end of the last 20 5m candles' range. The aggressive trade imbalance is 11.3%, and the buy/sell ratio is 1.26, pointing to a bullish market.
24h trading volume is only 9.41M, so it's not a large-cap asset. When this kind of volume ratio coincides with an OI spike, there could be more upside if the trend continues. But the price is also approaching a historically extreme range, so be careful chasing it here—there could be a sharp wick.
Keep an eye on it for now and see if it can hold.
It ripped 8.45% in 15m, with volume surging to 15.29x—that's not the kind of volume retail traders can generate. OI is rising in sync, up 3.14% over 1h, with an anomaly percentile of 98.6%, ranking #5 across the entire pool—new leveraged longs are entering, not the kind of artificial rise caused by short covering.
Price broke above the upper end of the last 20 5m candles' range. The aggressive trade imbalance is 11.3%, and the buy/sell ratio is 1.26, pointing to a bullish market.
24h trading volume is only 9.41M, so it's not a large-cap asset. When this kind of volume ratio coincides with an OI spike, there could be more upside if the trend continues. But the price is also approaching a historically extreme range, so be careful chasing it here—there could be a sharp wick.
Keep an eye on it for now and see if it can hold.