$BAT is showing some movement.
It’s up 1.31% over 15m, with volume at 1.57x, and the candle closed above the highs of the last 20 5m candles. Aggressive trade delta is +14.3%, and the buy/sell ratio is 1.33, tilting toward buyers.
But OI is down—0.21% over 15m and 0.16% over 1h. Price up, open interest down: this combination is most likely short covering rather than new longs entering. The notional change is still substantial, though: +2.91% over 1h, with 374K USDT coming in, suggesting positions are changing hands.
It ranks #38 across the pool for anomalies and #39 for notional change. It’s not among the most eye-catching, but making the top ranks in a pool with 153.94M in 24h volume confirms that it has passed the depth check.
I usually don’t chase the first move with this kind of setup. A rally driven by short covering can easily fade once the covering is over if no new longs step in. Watch whether volume continues and whether OI starts rising—that’s when you know someone is actually willing to open positions at this level.
I’ll put it on the watchlist for now.
It’s up 1.31% over 15m, with volume at 1.57x, and the candle closed above the highs of the last 20 5m candles. Aggressive trade delta is +14.3%, and the buy/sell ratio is 1.33, tilting toward buyers.
But OI is down—0.21% over 15m and 0.16% over 1h. Price up, open interest down: this combination is most likely short covering rather than new longs entering. The notional change is still substantial, though: +2.91% over 1h, with 374K USDT coming in, suggesting positions are changing hands.
It ranks #38 across the pool for anomalies and #39 for notional change. It’s not among the most eye-catching, but making the top ranks in a pool with 153.94M in 24h volume confirms that it has passed the depth check.
I usually don’t chase the first move with this kind of setup. A rally driven by short covering can easily fade once the covering is over if no new longs step in. Watch whether volume continues and whether OI starts rising—that’s when you know someone is actually willing to open positions at this level.
I’ll put it on the watchlist for now.