$PARTI 's 2.76% rally over 15m isn't that extreme; what's striking is volume surging to 17.47x, with OI up 12.43% in an hour and another 2.54% over 15m. Its notional change ranks near the top of the entire pool. Price and open interest rising together is a classic sign of new leveraged longs entering, not shorts covering. OI is at the 98th percentile, close to its historical extreme; notional change ranks #19 across the pool, and the anomaly ranks #2. The taker flow imbalance is 2.5%, with a buy/sell ratio of 1.05—bullish, but not yet FOMO territory. 24h trading volume is $21.7M, so liquidity is sufficient. Chasing longs here offers mediocre risk-reward; wait for a pullback and see whether OI continues to hold up.