Shorts are paying heavy funding, yet 1000PEPE won't break down. From what I've seen, crowded shorts on a coin that refuses to drop is how squeezes start.
**Recap ($TRX, 03:55):** The long needed a 1h close above $0.3113. TRX's best close since then was $0.3086, so **not triggered**. Low $0.3046 broke the $0.3051 floor, and I stayed flat as planned. No P&L.
**$PEPE now (1000PEPE perp)**
- $0.0050235, +1.4% 24h. 24h range $0.0048035–$0.0051182.
- Funding -0.0968%, **1st percentile** of its last 90.
- OI 21.34B → 20.73B (-2.8%, 24h).
- Top traders 1.47 long, all accounts 2.53 long. Taker buy/sell averaged 1.06 over the last 6h.
**Call: long on reclaim.**
- **Stop $0.004915** (below the 00:00 low)
- **Trigger:** 1h close above $0.005118 (24h high)
- TP1 $0.005322 · TP2 $0.005687 (20-day high)
No trigger, no trade.
**Short squeeze above $0.005118, or do the shorts finally get paid? Drop your call below.**
*Not financial advice. Data: Binance Futures API, 04:50 Taipei, Nov 1.*
#ShortHunter