đš $IDOL is starting to look dangerous again, and this time Iâm watching the buyers, not the breakdown. đđ
Iâm opening a BIG SHORT on $IDOL here.
TP: $0.00428
SL: $0.00835 đđ»
Because $IDOL has been breaking below key support levels, and price is now trading around $0.00753. Sellers are maintaining control, and the market is showing clear weakness.
Thatâs where I get interested.
After repeated breakdowns, buyers may start jumping in, hoping for a quick bounce. But if every recovery gets rejected, those late buyers could quickly find themselves trapped.
If bearish momentum continues, selling pressure could push idol toward the $0.00428 target.
Of course, after a sharp decline, a relief bounce is always possible. Iâm watching whether buyers can reclaim lost support or if sellers keep control.
When support keeps breaking, the real question is whether buyers can finally stop the bleeding. đđ„
Iâm opening a BIG SHORT on $IDOL here.
TP: $0.00428
SL: $0.00835 đđ»
Because $IDOL has been breaking below key support levels, and price is now trading around $0.00753. Sellers are maintaining control, and the market is showing clear weakness.
Thatâs where I get interested.
After repeated breakdowns, buyers may start jumping in, hoping for a quick bounce. But if every recovery gets rejected, those late buyers could quickly find themselves trapped.
If bearish momentum continues, selling pressure could push idol toward the $0.00428 target.
Of course, after a sharp decline, a relief bounce is always possible. Iâm watching whether buyers can reclaim lost support or if sellers keep control.
When support keeps breaking, the real question is whether buyers can finally stop the bleeding. đđ„