A coin that nearly doubled with open interest almost doubling alongside it. From what I've seen, when leverage grows as fast as price, the unwind tends to be just as fast once the bid stops.
**Recap ($ETH, 15:55):** The long needed a 1h close above $2,276. ETH topped at $2,274.85 and the 15:00 hour closed $2,269.16. **Not triggered**, stop $2,258 untouched, no position.
**$ESPORTS now**
- $0.01286, +78.7% 24h. Wicked to $0.013616 at 15:00, now holding just under it.
- 1h RSI 75, 4h RSI 82, both above their upper bands.
- Funding +0.094% per 4h, **86th percentile** of its last 90.
- OI 592M to 1.04B ESPORTS (+76%, 24h).
- All accounts 2.12 long, top traders 1.25 long. Taker buy/sell 1.15, still buying.
**Call: short only on breakdown, not into strength.**
- **Stop $0.01380** (above the $0.013616 high)
- **Trigger:** 1h close below $0.01250 (under the 16:00 low)
- TP1 $0.01160 · TP2 $0.01065 (pre-breakout base)
A clean 1h close above $0.013616 kills it; I stay flat.
**Second leg up or long squeeze first? Drop your call below.**
*Not financial advice. Data: Binance Futures API, 16:47 Taipei, Nov 1.*
#ShortHunter