⚡️ $BASED : OI unwind before an almost 30% rebound
$BASED
was already under local pressure when Trap Radar PRO highlighted the setup.
Price was trading 1.28% below the 30m VWAP. The 5m move was still negative at -1.06%, but the 15m window had already started to turn, showing +0.43%.
At the same time, open interest was leaving the market:
🔹 5m OI: -1.45%
🔹 15m OI: -1.31%
That matters because after a local dump, falling OI can show leverage getting flushed instead of fresh panic leverage being added.
Volume also expanded:
🔹 5m volume: almost 1.93x baseline
🔹 15m volume: almost 2.5x baseline
CVD was still seller-heavy, so this was not a clean momentum chase. Sellers were pressing, but price stopped breaking lower, OI was unwinding, and volume started to appear near the local low.
After that zone, the chart showed a strong rebound. The move reached almost 30% from the highlighted area.
This is the part I like in these Radar cases: the candle shows the move, but the metrics show the pressure point before the move becomes obvious.
Local dump → OI unwind → price below VWAP → volume expansion → absorption → rebound.
Educational market case. Not financial advice.
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#BASED #BASEDUSDT #crypto #trading #MarketAnalysis
$BASED
was already under local pressure when Trap Radar PRO highlighted the setup.
Price was trading 1.28% below the 30m VWAP. The 5m move was still negative at -1.06%, but the 15m window had already started to turn, showing +0.43%.
At the same time, open interest was leaving the market:
🔹 5m OI: -1.45%
🔹 15m OI: -1.31%
That matters because after a local dump, falling OI can show leverage getting flushed instead of fresh panic leverage being added.
Volume also expanded:
🔹 5m volume: almost 1.93x baseline
🔹 15m volume: almost 2.5x baseline
CVD was still seller-heavy, so this was not a clean momentum chase. Sellers were pressing, but price stopped breaking lower, OI was unwinding, and volume started to appear near the local low.
After that zone, the chart showed a strong rebound. The move reached almost 30% from the highlighted area.
This is the part I like in these Radar cases: the candle shows the move, but the metrics show the pressure point before the move becomes obvious.
Local dump → OI unwind → price below VWAP → volume expansion → absorption → rebound.
Educational market case. Not financial advice.
Subscribe for more!
#BASED #BASEDUSDT #crypto #trading #MarketAnalysis