$IDOL Watch These Liquidity Levels.
IDOL is trading around $0.02339, just above the PDH level at $0.022316.
The first move could be a retest of PDH before buyers push price toward the order block around $0.0245 to $0.0255.
If momentum continues, price could sweep the recent swing high at $0.027762 and collect liquidity above it.
But the bigger move to watch is a possible rejection after that liquidity sweep. A bearish reversal could send price toward PDL at $0.016107, with RSL at $0.012383 as a deeper downside target.
The key is how price reacts around RSH and the order block. A strong breakout and hold above RSH would invalidate this bearish reversal scenario.
Will IDOL sweep the highs before making its next move lower?
I need your opinion...
#IDOL
IDOL is trading around $0.02339, just above the PDH level at $0.022316.
The first move could be a retest of PDH before buyers push price toward the order block around $0.0245 to $0.0255.
If momentum continues, price could sweep the recent swing high at $0.027762 and collect liquidity above it.
But the bigger move to watch is a possible rejection after that liquidity sweep. A bearish reversal could send price toward PDL at $0.016107, with RSL at $0.012383 as a deeper downside target.
The key is how price reacts around RSH and the order block. A strong breakout and hold above RSH would invalidate this bearish reversal scenario.
Will IDOL sweep the highs before making its next move lower?
I need your opinion...
#IDOL
