$ONDO This 15m setup is interesting: price is up less than 1%, but OI has quietly climbed to the 83.7th percentile, pushing the overall pool into the top 25.
It’s not a violent pump—more like someone slowly building a leveraged position. Volume is 1.93x, and the closing price has just broken above the highs of the previous 20 5m candles, right at the edge of the range.
The aggressive trade imbalance is -0.6%, and the buy/sell ratio is 0.99. That suggests there isn’t much selling pressure, but we’re not seeing any particularly aggressive buying either. The funding rate is in a high percentile, and longs are starting to get crowded.
This kind of setup could be either a buildup before a breakout or a trap for anyone chasing the price. I’ll keep an eye on it for now and won’t rush in.
It’s not a violent pump—more like someone slowly building a leveraged position. Volume is 1.93x, and the closing price has just broken above the highs of the previous 20 5m candles, right at the edge of the range.
The aggressive trade imbalance is -0.6%, and the buy/sell ratio is 0.99. That suggests there isn’t much selling pressure, but we’re not seeing any particularly aggressive buying either. The funding rate is in a high percentile, and longs are starting to get crowded.
This kind of setup could be either a buildup before a breakout or a trap for anyone chasing the price. I’ll keep an eye on it for now and won’t rush in.