$BR has made a sharp move here. A 1% gain on the 15m chart may not look like much, but OI is up 4.89% in an hour, with notional value increasing by 1.14M. Leveraged longs are clearly accelerating their entries. Volume is 2.54x higher, and the buy/sell ratio is 1.15, with aggressive buyers in control. Structurally, this is being driven by new leverage—not the kind of hollow pump caused by short covering.
However, OI's anomaly percentile is already at 94%, ranking 8th across the entire pool and nearing historically extreme levels. Chasing longs here doesn't offer great risk-reward. Either wait for a pullback to confirm support, or just watch it play out. The faster leverage piles up, the rougher the volatility ahead is likely to be. Don't open a position when sentiment is at its hottest.
However, OI's anomaly percentile is already at 94%, ranking 8th across the entire pool and nearing historically extreme levels. Chasing longs here doesn't offer great risk-reward. Either wait for a pullback to confirm support, or just watch it play out. The faster leverage piles up, the rougher the volatility ahead is likely to be. Don't open a position when sentiment is at its hottest.