$VELVET OI SURGING 6.6% AS PRICE DRIFTS — ACCUMULATION SIGNAL 🔥
Open interest on $VELVET has climbed 6.6% in the last hour while price sits just 0.08% lower on the 30m timeframe. That divergence between OI and price is the classic footprint of larger players building size without pushing the market. Top traders currently hold a 1.25 long/short ratio with a bullish delta of +0.027 — retail remains neutral at 1.57.
The ATR sits at 5.18% and funding is normal at 0.005%, meaning there's room for a volatility expansion without anyone getting squeezed yet. Are you anticipating the breakout or waiting for one more shakeout?
Not financial advice. Always manage your risk.
#VELVET #Accumulation #OISurge #Breakout
🔥
Open interest on $VELVET has climbed 6.6% in the last hour while price sits just 0.08% lower on the 30m timeframe. That divergence between OI and price is the classic footprint of larger players building size without pushing the market. Top traders currently hold a 1.25 long/short ratio with a bullish delta of +0.027 — retail remains neutral at 1.57.
The ATR sits at 5.18% and funding is normal at 0.005%, meaning there's room for a volatility expansion without anyone getting squeezed yet. Are you anticipating the breakout or waiting for one more shakeout?
Not financial advice. Always manage your risk.
#VELVET #Accumulation #OISurge #Breakout
🔥