$IDOL spiked to 0.0314, flushed to 0.0173, and is back at 0.0240. Longs are now paying the most they have in 90 settlements, while open interest is shrinking. From what I've seen, that combination tends to bleed out rather than squeeze higher.

**Recap ($ETH, 23:40):** No 1h close came above $2,262 (best close $2,243.60), and the low of $2,215 held above the $2,205 stop. **Not triggered**, no P&L.

**$IDOL now**

- 0.02394, +68.6% 24h, 24h range 0.01366 to 0.03141.

- Funding +0.0712%, **99th percentile** of the last 90.

- OI 1.004B → 942M IDOL (-6.2%, 6h).

- Top traders 1.31 long, accounts 48% long. Taker buy/sell 1.00.

**Call: short on breakdown.**

- **Stop:** 1h close above 0.02486 (07:00 high)

- **Trigger:** 1h close below 0.02252 (08:00 low)

- TP1 0.0200 · TP2 0.01725 (03:00 flush low)

If it reclaims 0.0249 with OI rising again, I stand aside.

**Expensive funding and falling OI: fade it, or is the second leg coming? Drop your call below.**

*Not financial advice. Data: Binance Futures API, 08:55 Taipei.*

#ShortHunter