I WARNED ABOUT $IDOL . IT DUMPED 60% AND THE BEARISH STRUCTURE IS STILL INTACT!
When I shared my warning, #IDOL was trading near $0.024–$0.025. It subsequently dumped around 60%, pumped again toward $0.04555, and then suffered another 59% correction from its ATH.
My latest view:
🔹 Descending resistance is still intact.
🔹 No confirmed HTF breakout yet.
🔹 Current structure remains bearish.
🔹 My expected retracement zone remains $0.010–$0.008.
I still believe $IDOL could move lower in the coming days.
One important clarification: I'm neither LONG nor SHORT. I haven't entered this trade and I'm simply observing the chart.
I personally avoid trading low-liquidity coins. I prefer protecting capital over chasing volatility.
Let's see where the market goes next.
NFA | DYOR
When I shared my warning, #IDOL was trading near $0.024–$0.025. It subsequently dumped around 60%, pumped again toward $0.04555, and then suffered another 59% correction from its ATH.
My latest view:
🔹 Descending resistance is still intact.
🔹 No confirmed HTF breakout yet.
🔹 Current structure remains bearish.
🔹 My expected retracement zone remains $0.010–$0.008.
I still believe $IDOL could move lower in the coming days.
One important clarification: I'm neither LONG nor SHORT. I haven't entered this trade and I'm simply observing the chart.
I personally avoid trading low-liquidity coins. I prefer protecting capital over chasing volatility.
Let's see where the market goes next.
NFA | DYOR
