$IDOL ran +61% and this is what the structure shows right now 👇
A 89% surge in 3 days put it up 61% on the day, so I took a closer look at the structure.
Look at what happened around 0.013765: IDOL got through by just 3.9%, tagged 0.0143 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.01192. Nobody's touched it $IDOL since the pullback (30% of the leg), so it's the obvious magnet. A move above 0.0143 proves me wrong.
📌 My IDOL trade: short from 0.014001, stop at 0.015042, target 0.01192 (+14.9%, 1:2)
📊 24h Vol: $36.5M | 24h Chg: +61.0% | Funding: +0.0486%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#IDOL #Analysis #Trading
A 89% surge in 3 days put it up 61% on the day, so I took a closer look at the structure.
Look at what happened around 0.013765: IDOL got through by just 3.9%, tagged 0.0143 and fell back. Everyone who bought that breakout is sitting on a loss now.
Next stop for me is 0.01192. Nobody's touched it $IDOL since the pullback (30% of the leg), so it's the obvious magnet. A move above 0.0143 proves me wrong.
📌 My IDOL trade: short from 0.014001, stop at 0.015042, target 0.01192 (+14.9%, 1:2)
📊 24h Vol: $36.5M | 24h Chg: +61.0% | Funding: +0.0486%
Am I wrong? Tell me why below 👇
Follow for daily chart breakdowns 🔔
Just my view, not financial advice.
#IDOL #Analysis #Trading
