【$IDOL Signal】Pullback to Long + 1H Level Strong Consolidation, Building Momentum for a Second Surge

$IDOL The 1H level experienced a 20% surge yesterday and is currently consolidating strongly at a high level, with the price staying above the EMA20 (0.0194), refusing a deep correction. The 4H level has broken through the downward trendline but faces resistance at EMA20 (0.0204), requiring a volume increase for confirmation. The current order book shows significant buy depth, with stable open interest, indicating that funds have not exited. This is a typical bullish continuation pattern.

🎯Direction: Long (Long)

⚡Entry/Order: 0.0196 - 0.0197

🛑Stop Loss: 0.0192

🚀Target 1: 0.0205

🚀Target 2: 0.0212

🛡Trade Management:
- Position Size: Light
- Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price 0.0197. Hold the remaining position for Target 2. If the 1H close drops below EMA20 (0.0194), exit all positions.

Order Book Logic: The 1H RSI (54.61) is in a healthy zone with room for upward movement. The lows of the past few hours' candles have gradually risen (0.01926 -> 0.01936 -> 0.01965), forming a small ascending channel. The order book shows large buy orders in the 0.0196-0.0197 range, with relatively dispersed sell pressure. The depth imbalance of 6.13% favors buyers, providing immediate support. Combined with market logic indicating “rising price + stable open interest,” this appears to be a main force defending the price rather than a simple short squeeze, offering a safe margin for a pullback to go long.

View real-time market 👇 $IDOL

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