A $38 drop on nearly double its usual hourly volume, and now it sits right on the 24h low. From what I've seen, a level like this either cracks fast or squeezes the late shorts.

Recap ($STX, 07:52): The long needed a 1h close above $0.3401. High since was $0.3265 and it trades $0.3232. Not triggered, no P&L.

$ZEC now

- $1,254, -2.0% 24h, $929M volume. Dropped $1,285 to $1,247 in the 06:00 hour; $1,243 low held since.

- Funding -0.0076%, 1st percentile of its last 90.

- OI 414.8K to 424.0K ZEC (+2.2%, 24h).

- Top traders 1.30 long, all accounts 0.95 (net short). Taker buy/sell 0.98 last hour.

Call: short on breakdown.

- Stop $1,259 (above the post-dump high)

- Trigger: 1h close below $1,243

- TP1 $1,220 · TP2 $1,207 (Oct 31 low)

No close below $1,243, no trade. Reclaim $1,259 and I stay flat.

Does $1,243 crack, or do crowded shorts get squeezed? Drop your call below.

Not financial advice. Data: Binance Futures API, 08:55 Taipei, Nov 1.

#ShortHunter