Price is up, leverage is down. From what I've seen, a rally that isn't built on new longs tends to have more room before it gets crowded.
**Recap ($HOT, 23:56):** Long needed a 1h close above $0.0004428. The 23:00 hour tagged exactly $0.0004428 but closed $0.0004289, and the 00:00 high was $0.0004300, so **not triggered**. Flat.
**$EVAA now**
- $1.372, +15.1% 24h. Range $1.171 to $1.4554.
- Funding 0.005% per 8h, **4th percentile of its last 90**.
- OI 9.78M to 9.44M EVAA in 24h (-3.5%).
- Accounts 1.19 long, top traders 1.41. Taker buy/sell 1.12 last hour.
- RSI 56 (1h), 66 (1d). Recovered from the 22:00 flush to $1.265.
**Call: long on breakout.**
- **Stop $1.383** (the 21:00 low)
- **Trigger:** 1h close above $1.4554
- TP1 $1.55 · TP2 $1.737 (the recent 4h high)
No close above $1.4554 and I stay flat.
**Short covering running out, or fresh longs about to show up? What's your call?**
*Not financial advice. Data: Binance Futures API, 00:55 Taipei, Nov 3.*
#ShortHunter