LYN topped at $0.0225 at 14:00, flushed to $0.01723, and is back at $0.0192. From what I've seen, when the crowd keeps buying the dip while open interest swells, the next leg usually comes from whoever gets forced out.
**Recap ($ARIA, 17:55):** Trigger was a 1h close below $0.1081. The 17:00 candle wicked to exactly $0.1081 but closed $0.1138, so **not triggered**. ARIA then reclaimed $0.1330 and printed $0.1349. I stayed flat, as planned.
**$LYN now**
- $0.01921, +24.3% 24h. Hourly lows of $0.01735, $0.01723 and $0.01744 since 16:00.
- Funding 0.014% per 4h, 52nd percentile of its last 90. Neutral.
- OI 568.4M to 710.6M LYN (+25%, 24h).
- All accounts 3.37 long (77%), top traders 1.42.
- Taker buy/sell 0.98 last hour. RSI 57 on 1h, 70 on 4h.
**Call: short only on confirmation.**
- **Stop $0.0190**
- **Trigger:** 1h close below $0.0172
- TP1 $0.0155 · TP2 $0.0139
A 1h close above $0.0202 and I stand aside.
**Is 77% long a floor, or fuel for the next flush? Tell me below.**
*Not financial advice. Data: Binance Futures API, 18:51 Taipei, Nov 2.*
#ShortHunter