$IDOL High-level consolidation, volume is down but OI hasn’t collapsed
Yesterday at 21:00, volume hit 15M and price touched 0.0223 before pulling back. It made another push at 05:00 this morning, reaching 0.0208 but failing to break the previous high. Price is stuck between 0.0203 and 0.0205. OI notional value has been hovering around 18.7M; with notional value holding steady and price going nowhere, it looks more like a transfer of positions than a completed sell-off.
Don’t chase unless it holds above 0.0208. A break below 0.0198 would likely weaken this high-level range.
Compare with $BNB .
Not investment advice
#MEET48
Yesterday at 21:00, volume hit 15M and price touched 0.0223 before pulling back. It made another push at 05:00 this morning, reaching 0.0208 but failing to break the previous high. Price is stuck between 0.0203 and 0.0205. OI notional value has been hovering around 18.7M; with notional value holding steady and price going nowhere, it looks more like a transfer of positions than a completed sell-off.
Don’t chase unless it holds above 0.0208. A break below 0.0198 would likely weaken this high-level range.
Compare with $BNB .
Not investment advice
#MEET48
