$AVA This 15m move wasn’t particularly aggressive at 1.63%, but the price-volume action is noteworthy.
OI jumped +2.21% in 15m, with a notional change of +5.06%. Price rose and OI rose along with it—a classic sign of new leveraged longs driving the move, rather than a passive rally caused by a short squeeze. OI’s anomaly percentile also reached 90.1%, ranking #11 across the whole pool, while the notional change ranked #33. Neither figure is explosive on its own, but together they stand out.
The active trade imbalance was 6.4%, with a buy/sell ratio of 1.14, favoring buyers. Price has just touched the top of its recent range, and the funding rate is also at a recent high percentile.
Whether it keeps pushing or starts to pull back will depend on whether volume can keep up from here.
OI jumped +2.21% in 15m, with a notional change of +5.06%. Price rose and OI rose along with it—a classic sign of new leveraged longs driving the move, rather than a passive rally caused by a short squeeze. OI’s anomaly percentile also reached 90.1%, ranking #11 across the whole pool, while the notional change ranked #33. Neither figure is explosive on its own, but together they stand out.
The active trade imbalance was 6.4%, with a buy/sell ratio of 1.14, favoring buyers. Price has just touched the top of its recent range, and the funding rate is also at a recent high percentile.
Whether it keeps pushing or starts to pull back will depend on whether volume can keep up from here.