$IDOL bulls are celebrating a 56% day while that giant red candle is still sitting on the chart.
It spiked to 0.027763, then printed a candle that erased 55% in one go, all the way down to 0.012378. Everyone who bought the top got a free lesson in gravity.
Now it's at 0.020038, still under the high. The bounce is running on 95.3M volume against a 353M average, so almost nobody is buying this.
1 year is still down 43.82%. A half recovery that fades on weak volume is just exit liquidity getting a second chance to buy a bad top.
i'm laughing with the red candles at side 😂
$IDOL
It spiked to 0.027763, then printed a candle that erased 55% in one go, all the way down to 0.012378. Everyone who bought the top got a free lesson in gravity.
Now it's at 0.020038, still under the high. The bounce is running on 95.3M volume against a 353M average, so almost nobody is buying this.
1 year is still down 43.82%. A half recovery that fades on weak volume is just exit liquidity getting a second chance to buy a bad top.
i'm laughing with the red candles at side 😂
$IDOL
