$USELESS is showing some interesting action. It gained 2.42% in 15m, volume surged to 3.4x, and the close moved above the highs of nearly 20 recent 5m candles. Crucially, OI rose alongside it, with net increases on both the 1h and 15m timeframes. Its anomaly percentile is 98.4%, ranking #20 across the entire pool—this looks less like a move driven purely by spot buying and more like new leveraged longs entering to carry the momentum.
The taker volume delta is 28.4%, and the buy/sell ratio is 1.79, showing a clear buying bias. 24h trading volume is only a little over 15M, though, so liquidity is relatively thin; moves can get sharp if momentum accelerates from here. With the move extending across multiple consecutive timeframes and nearing historically extreme territory, I’d keep a close eye on whether volume can sustain itself. If OI keeps building while the price stalls, caution is warranted.
The taker volume delta is 28.4%, and the buy/sell ratio is 1.79, showing a clear buying bias. 24h trading volume is only a little over 15M, though, so liquidity is relatively thin; moves can get sharp if momentum accelerates from here. With the move extending across multiple consecutive timeframes and nearing historically extreme territory, I’d keep a close eye on whether volume can sustain itself. If OI keeps building while the price stalls, caution is warranted.