$SKYAI This 15m drop was 2.45%, volume at 1.87x. OI on both 15m and 1h are decreasing. The notional change is -2.78% on one and -4.23% on the other. This isn’t a fresh short entry smashing the price; it looks more like longs themselves are pulling back—taking stop losses or reducing leverage.
Active trade volume is down 19.1%, buy/sell ratio 0.68, and the close is still below the lower band of the last ~20 5m candles. OI’s percentile is abnormal at 91.7%, with the pool’s abnormal level ranking at #18. Notional change ranks at #33. The 24h trading value is still 23.41M, indicating this isn’t a dead small coin with no activity—more like someone is fighting on the edge while retreating.
Price down, OI down: the structure is cleaner than a pure dump where shorts just keep adding. At least it’s not shorts one-sidedly adding. But don’t rush to scoop here. First, confirm whether the long-side leverage has fully been cleared; only then discuss potential support once volume contracts.
Active trade volume is down 19.1%, buy/sell ratio 0.68, and the close is still below the lower band of the last ~20 5m candles. OI’s percentile is abnormal at 91.7%, with the pool’s abnormal level ranking at #18. Notional change ranks at #33. The 24h trading value is still 23.41M, indicating this isn’t a dead small coin with no activity—more like someone is fighting on the edge while retreating.
Price down, OI down: the structure is cleaner than a pure dump where shorts just keep adding. At least it’s not shorts one-sidedly adding. But don’t rush to scoop here. First, confirm whether the long-side leverage has fully been cleared; only then discuss potential support once volume contracts.
