$IDOL
The strong get stronger, continue to rise, and the trend is very stable
The strong get stronger, continue to rise, and the trend is very stable
Post
--
Bullish
财经大圣
·
--
Bullish$IDOL
This price action is starting to feel like a bull-market dark horse! 🔥
It climbed all the way from 0.0075 to 0.0314, making several-fold gains in a short time. The key thing is that after such a sharp rally, it didn’t collapse right away—instead, it has been moving sideways near the highs.
One thing I’m particularly optimistic about is that it has managed to hold steady after rising, which suggests buying support isn’t weak. It’s still in a bullish alignment, and the MACD has turned stronger again.
Key levels:
* First support: 0.0219
* Second support: 0.0196
* First resistance: 0.0250—0.0275
* Previous high resistance: 0.0314
My view is that as long as key support holds, there’s still a chance it will continue testing higher levels. If it breaks above 0.0275 on strong volume, the next level to watch closely is the previous high of 0.0314.
I’m personally inclined to remain bullish, with a close eye on a second takeoff after consolidation near the highs!
Sometimes, a truly strong coin isn’t one that keeps rising nonstop, but one that won’t fall after it’s risen.
This price action is starting to feel like a bull-market dark horse! 🔥
It climbed all the way from 0.0075 to 0.0314, making several-fold gains in a short time. The key thing is that after such a sharp rally, it didn’t collapse right away—instead, it has been moving sideways near the highs.
One thing I’m particularly optimistic about is that it has managed to hold steady after rising, which suggests buying support isn’t weak. It’s still in a bullish alignment, and the MACD has turned stronger again.
Key levels:
* First support: 0.0219
* Second support: 0.0196
* First resistance: 0.0250—0.0275
* Previous high resistance: 0.0314
My view is that as long as key support holds, there’s still a chance it will continue testing higher levels. If it breaks above 0.0275 on strong volume, the next level to watch closely is the previous high of 0.0314.
I’m personally inclined to remain bullish, with a close eye on a second takeoff after consolidation near the highs!
Sometimes, a truly strong coin isn’t one that keeps rising nonstop, but one that won’t fall after it’s risen.