$ELSA ’s 15m move looks pretty convincing. A 3% gain isn’t outrageous, but volume surged to 6.5x, with a Z-score of 3.66—clearly more than a random blip. The closing price moved above the top of the recent 20-candle 5m range, and the aggressive buy/sell ratio is 1.14, leaning bullish.
OI is rising in tandem: +0.32% over 15m and +0.90% over 1h. Its notional change ranks #17 across the whole pool, at the 79.4th percentile. Price up, OI up—that’s a classic sign of new leveraged longs entering, not the temporary bounce you get from short covering.
24h trading volume is 336 million, and liquidity is solid. This kind of setup is more reliable than a simple wick spike. Let’s see if it can hold above this range boundary—if it does, there’s something to talk about.
OI is rising in tandem: +0.32% over 15m and +0.90% over 1h. Its notional change ranks #17 across the whole pool, at the 79.4th percentile. Price up, OI up—that’s a classic sign of new leveraged longs entering, not the temporary bounce you get from short covering.
24h trading volume is 336 million, and liquidity is solid. This kind of setup is more reliable than a simple wick spike. Let’s see if it can hold above this range boundary—if it does, there’s something to talk about.
