$VELVET OPEN INTEREST SURGING WHILE PRICE LAGS — CLASSIC ACCUMULATION ⚡
Open interest on
$VELVET has climbed 2.0% in 5 minutes, 1.7% in 30 minutes, and 1.9% on the 1-hour chart, yet price is down 0.63% over the same 30-minute window. This divergence between OI and price is a textbook sign of institutional positioning — volume precedes movement.
ATR sits at 2.53%, suggesting a volatile move could be imminent if the accumulation phase completes. Top traders hold a slight long bias with a 1.65 long/short ratio, while retail sits neutral at 1.34.
Are you seeing this as a setup for a breakout or a liquidity trap?
Not financial advice. Always manage your risk.
#VELVET #Accumulation #OpenInterest #CryptoSetup 🔥