$STX This 15m candle has something going on—it’s not just a price pump; OI is moving up with it.
Price is up 1.56% over 15m, volume is 1.86x, the taker buy/sell ratio is 1.99, and the taker flow delta is 33.2%—buyers are genuinely sweeping the offers, not just propping things up with limit orders. More importantly, OI is up 1.33% over 15m and 2.58% over 1h. Its notional change ranks #5 among all pools for anomalies, at the 94.6th anomaly percentile. Price up + OI up: a classic sign of new leveraged longs entering, not the artificial pop you get from short covering.
The close has already broken above the upper end of the last 20 5m ranges, and the funding rate is also in a high recent percentile. Honestly, I both like and fear this setup—the momentum confirmation is clean, but with funding high and the anomaly percentile this elevated, chasing it could get you shaken out by a wick.
First, let’s see whether the price can hold the range high it just broke through on a pullback. We’ll talk after that. Don’t chase when the Z-score is at 1.76.
Price is up 1.56% over 15m, volume is 1.86x, the taker buy/sell ratio is 1.99, and the taker flow delta is 33.2%—buyers are genuinely sweeping the offers, not just propping things up with limit orders. More importantly, OI is up 1.33% over 15m and 2.58% over 1h. Its notional change ranks #5 among all pools for anomalies, at the 94.6th anomaly percentile. Price up + OI up: a classic sign of new leveraged longs entering, not the artificial pop you get from short covering.
The close has already broken above the upper end of the last 20 5m ranges, and the funding rate is also in a high recent percentile. Honestly, I both like and fear this setup—the momentum confirmation is clean, but with funding high and the anomaly percentile this elevated, chasing it could get you shaken out by a wick.
First, let’s see whether the price can hold the range high it just broke through on a pullback. We’ll talk after that. Don’t chase when the Z-score is at 1.76.