$IDOL 1 is up 5.28% over the hour, with a current price of 0.02991 and a 24-hour range of 0.02706 ~ 0.04555.
A genuine breakout is usually accompanied by high volume, while a false breakout often comes on low volume. This is my most commonly used filter.
When short sellers are forced to exit, the price often moves sharply and quickly, but it often gives back some gains once the squeeze is over.