IDOL is testing a bearish swing low at 0.0185, and the 4‑hour chart shows a clear break of recent higher highs.
🔴 $IDOL SHORT 📉
Entry → $0.017468-$0.017502
Stop → $0.018010 (-3.0%)
TP1 → $0.017223 (+1.5%)
TP2 → $0.016611 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke to the downside (CHoCH) while the CVD turned negative, confirming sell pressure. A fair value gap sits above the break and aligns with an order block, creating a POI confluence. Liquidity sweep of the prior swing high adds extra bite.
A 3.0% stop is relatively tight, so a max of 5x leverage keeps risk in check.
Take half at the first target around 0.0205 to lock in early gains.
As always: manage your risk, this is not financial advice 🙏
$IDOL #IDOLUSDT #THORChain #TradingSignals #Write2Earn
🔴 $IDOL SHORT 📉
Entry → $0.017468-$0.017502
Stop → $0.018010 (-3.0%)
TP1 → $0.017223 (+1.5%)
TP2 → $0.016611 (+5.0%)
R/R 1:1.7 • Confidence 64%
The market structure broke to the downside (CHoCH) while the CVD turned negative, confirming sell pressure. A fair value gap sits above the break and aligns with an order block, creating a POI confluence. Liquidity sweep of the prior swing high adds extra bite.
A 3.0% stop is relatively tight, so a max of 5x leverage keeps risk in check.
Take half at the first target around 0.0205 to lock in early gains.
As always: manage your risk, this is not financial advice 🙏
$IDOL #IDOLUSDT #THORChain #TradingSignals #Write2Earn