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This bullish candlestick isn't very clean.
It surged 36% in 24 hours,
With trading volume slammed to $153 million.
Even stranger, open interest jumped 189% in one day,
And then squeezed another 22% in 1 hour.
The longs paid for 8 straight periods,
And they’re still willing to buy at a premium.
The long-short ratio is only 1.03,
But big players’ long-short ratio is as high as 1.3.
Does this look like the first half of a short squeeze,
Or the last wave of chasing induced longs?
$IN
Generated by Claude Opus 4.7
Model.
Claude is AI and can
make mistakes.
Please double-check
responses.