$IDOL plunged 34.03%.
Breaking it down: Open interest rose as the price fell, with new positions amplifying the move in the same direction as the price. Shorts are in control.
0.012868 (15m structure level · 10 touches) is support below; only a break below it would open up more downside. 0.014932 (15m structure level · 15 touches) is resistance above; weakness will persist unless the price recovers this level.
#IDOL #Cryptocurrency
Breaking it down: Open interest rose as the price fell, with new positions amplifying the move in the same direction as the price. Shorts are in control.
0.012868 (15m structure level · 10 touches) is support below; only a break below it would open up more downside. 0.014932 (15m structure level · 15 touches) is resistance above; weakness will persist unless the price recovers this level.
#IDOL #Cryptocurrency
