$SOPH This 15m move is interesting: volume surged to 12.45x, and the price fell 1.83%, but OI dropped too—down 1.52% over 15m and 0.81% over 1h, with notional value falling by over a hundred thousand U. This doesn’t look like fresh shorts entering to push the price down; it looks more like bulls couldn’t hold on and are deleveraging, with stop-loss orders getting swept. The aggressive trade delta is -28.8%, and the buy/sell ratio is 0.55, so selling pressure is clearly dominant. The OI anomaly percentile hit 100%, ranking first across the entire pool, and this has continued for several consecutive periods. This kind of structure often doesn’t end with just one wick. The 24h trading volume is only 6.85M, so liquidity is thin and volatility can easily be amplified. For now, watch for this deleveraging wave to ease and volume to contract and stabilize.