$IDOL has climbed above the 0.034 level, with the current price at 0.0342.
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battles between buyers and sellers are often intense.
The key is whether the price can hold 0.034 on a retest. If it does, resistance will turn into support. Do you think the market has fully reacted to the funding flows?
#IDOL
Round-number levels have no magic in themselves, but limit orders, stop-losses, and psychological expectations tend to cluster around them, so the battles between buyers and sellers are often intense.
The key is whether the price can hold 0.034 on a retest. If it does, resistance will turn into support. Do you think the market has fully reacted to the funding flows?
#IDOL