ZEREBRO has something going on here: it jumped 2.62% in 15 minutes, with volume at 11 times its usual level. This is no joke.
But what really caught my attention was OI: up 4.57% in 15 minutes and a whopping 11.39% in 1 hour, with a notional change of 1.87M and an anomaly percentile of 99.4%—the highest across the entire pool. It’s been building for several consecutive periods. This doesn’t look like retail traders casually opening positions; it looks more like leveraged longs are continuing to pile in.
Price up + OI up means new money is coming in to go long, not shorts covering. Market depth confirms it too: volume is keeping pace, so this doesn’t look like a fake breakout.
Of course, price is nearing a historically extreme range, so whether to chase is up to you. The taker buy/sell ratio is 1.03, a difference of just 1.4%. Longs and shorts are still fairly balanced, with no clear signs of a short squeeze.
Keep watching for now—don’t get carried away. $ZEREBRO
But what really caught my attention was OI: up 4.57% in 15 minutes and a whopping 11.39% in 1 hour, with a notional change of 1.87M and an anomaly percentile of 99.4%—the highest across the entire pool. It’s been building for several consecutive periods. This doesn’t look like retail traders casually opening positions; it looks more like leveraged longs are continuing to pile in.
Price up + OI up means new money is coming in to go long, not shorts covering. Market depth confirms it too: volume is keeping pace, so this doesn’t look like a fake breakout.
Of course, price is nearing a historically extreme range, so whether to chase is up to you. The taker buy/sell ratio is 1.03, a difference of just 1.4%. Longs and shorts are still fairly balanced, with no clear signs of a short squeeze.
Keep watching for now—don’t get carried away. $ZEREBRO