$MUBARAK ’s 15m move is pretty aggressive: +5.98% on 11.66x volume, with the Z-score shooting straight up to 10.92. This is no ordinary intraday wiggle.

The key is that OI and price are rising in sync. Perp OI is up 1.20% over 15m and 1.16% over 1h, with the combined notional change also topping a million U. Structurally, this looks more like new leveraged longs entering than a quick bout of short covering. The OI anomaly percentile hit 100%, ranking #1 across the entire pool—that alone tells you something.

Price just closed above the top of the last 20 five-minute candles’ range. The aggressive trade imbalance is 7.8%, and the buy/sell ratio is 1.17, so buyers have the edge in the short term. But honestly, if you’re chasing at this level, keep your eyes open: 24h trading volume is only 12.44M, so the pool isn’t very deep. It can pump fast, but it won’t be gentle on the way back down either.

My take: first see whether this candle can hold above the range high. If OI keeps piling up while price stalls, be careful. A token ranking first in anomalies across the whole pool will definitely draw a crowd—but don’t be the one left holding the bag when sentiment is at its peak.