$IDOL SHORT TRADE SETUP ... Rejection Ahead
IDOL is approaching strong resistance at 0.017 – 0.018 after a massive rally.
I expect another rejection from this zone, with a possible correction towards 0.011.
Short Setup
Entry: 0.0163 – 0.0175
TP1: 0.0150
TP2: 0.0135
TP3: 0.0120
Final Target: 0.0110
SL: 0.01990
As long as 0.018 holds as resistance, bears still have a chance to take control.
Wait for rejection confirmation. Don't chase the entry.
Trade on $IDOL
IDOL is approaching strong resistance at 0.017 – 0.018 after a massive rally.
I expect another rejection from this zone, with a possible correction towards 0.011.
Short Setup
Entry: 0.0163 – 0.0175
TP1: 0.0150
TP2: 0.0135
TP3: 0.0120
Final Target: 0.0110
SL: 0.01990
As long as 0.018 holds as resistance, bears still have a chance to take control.
Wait for rejection confirmation. Don't chase the entry.
Trade on $IDOL
