$IDOL Those who chased highs yesterday are now getting their ankles cut off. 24h drop of 33.67%, from 0.0192 down to 0.0119, with 8M dollars in volume still draining. This order book looks like a targeted demolition. Source: CoinGecko

Translated into trading logic: This is a classic "good news exhausted" plus "rat trading dumping" combo. Previously, $IDOL rallied 3x on the AI idol narrative, but last night on-chain data revealed two core addresses started batch transfers to exchanges. Combined with the seamless drop after topping at 0.0192, it shows the whales used liquidity for a precise distribution. Currently 0.0123 is in a vacuum zone of chips, and 0.0119 below is the only technical support. If it breaks, look directly at the psychological level of 0.01.
In terms of operation, the win rate of catching a falling knife on the left side is extremely low. Around 0.0120, you can place a 5% position long, with a strict stop loss at 0.0115 (if it breaks, support is invalid). Confirmation signal on the right side: must wait for the 15-minute candle to hold above 0.0130 with volume; otherwise, do not participate in the rebound. Take profit first at 0.0150, where there is heavy trapped-crowd pressure and it likely won't break through. Heavy position holders are advised to cut half on a bounce to 0.0135, do not gamble on a V-shaped reversal.
Interactive prediction: Do you think institutions will bottom-fish when $IDOL drops to 0.01 in this wave? Bet in the comments, if it breaks 0.0135, I concede.
⚠️ Has the news already been priced in? On-chain transfers and dumping happened simultaneously, indicating the whales' information advantage has been realized, but retail panic selling is still being flushed out, and the short-term bearish sentiment is not fully digested. Below 0.013, the speculative value is low. Unless there is an emergency buyback announcement or a new pool pump, it is more likely to continue drifting lower. My trading habit is to wait for a volume-stabilized signal, not to catch the falling knife. Follow me to monitor on-chain anomalies; I'll update position changes at the same time tomorrow.