$IDOL went from 0.0077 to 0.0162 and the dip got bought in a few candles ๐
Look at the 1h. It ripped, rejected at the high, dropped to the 0.012 area, and then recovered most of it with small green candles stepping back up. That's not what a dead coin looks like. Volume is also heavy at 17B IDOL (238M USDT), so this isn't a thin pump.
What I'm watching:
๐ 0.0145 to 0.0148 reclaim = pushes back toward the high
๐ 0.0162 break and hold = price discovery, next area around 0.0167
๐ 0.0128 to 0.0130 = where buyers stepped in after the dip, needs to hold
๐ lose 0.0120 = idea is dead, no argument
Half the people who sold the dip are now asking "should I buy back higher?" ๐
Look at the 1h. It ripped, rejected at the high, dropped to the 0.012 area, and then recovered most of it with small green candles stepping back up. That's not what a dead coin looks like. Volume is also heavy at 17B IDOL (238M USDT), so this isn't a thin pump.
What I'm watching:
๐ 0.0145 to 0.0148 reclaim = pushes back toward the high
๐ 0.0162 break and hold = price discovery, next area around 0.0167
๐ 0.0128 to 0.0130 = where buyers stepped in after the dip, needs to hold
๐ lose 0.0120 = idea is dead, no argument
Half the people who sold the dip are now asking "should I buy back higher?" ๐
