$Lobster suddenly saw a surge in volume over 15m and got dumped hard, with trading volume hitting 3x the norm. Price fell below the lower bound of the 20-bar 5m range, and the aggressive trade imbalance was -25.4%—clear selling pressure. But OI is falling on both the 15m and 1h timeframes, with notional changes of -93K/-194K. This is a classic case of longs deleveraging and getting stopped out, not fresh shorts entering.
This structure is actually cleaner than a pure short-led dump; once the leverage is flushed out, there may be less downward pressure. Still, don’t rush to buy the dip—wait for volume to cool and the buy/sell ratio to turn positive. Ranked #9 for pool-wide anomalies and #35 for notional change, so activity is elevated. Keep an eye on it.
This structure is actually cleaner than a pure short-led dump; once the leverage is flushed out, there may be less downward pressure. Still, don’t rush to buy the dip—wait for volume to cool and the buy/sell ratio to turn positive. Ranked #9 for pool-wide anomalies and #35 for notional change, so activity is elevated. Keep an eye on it.