$ON This move has some real momentum. It surged 1.82% in 15m, with volume reaching 4.53 times normal and a taker buy/sell ratio of 1.72—buyers are clearly chasing. The key is that OI rose too: +0.39% over 15m and +0.69% over 1h. Its anomaly percentile hit 99%, ranking third across the entire pool. This isn't the fleeting bounce you get from short covering; it looks more like new leveraged longs entering with real money. Price just closed near the top of the last 20 5m candles, and the funding rate has climbed to a high percentile for recent history. The move has continued for several consecutive periods, and short-term sentiment is already fired up. But with funding this high, be careful chasing—don't be the last one buying at the top.