$IDOL Plunged 35%, the 0.0144 level is the last line of defense. If 0.0138 is broken, there’s nothing but empty cliff below.

I’m an old hand who stares at the hourly level tracking the cycle. Here are some hard data: The 6-hour MACD is still in a bearish crossover under the zero line, but the DIF line has started to turn, forming a nascent bullish divergence. The most critical volume signal has emerged—when it dropped to 0.0138 in the past 12 hours, a single 15-minute candlestick exploded with 4.2 million USDT in volume, three times the average. This is a classic bet between panic sellers and bottom-fishing buyers. If this is the true bottom, the 0.0138–0.0140 zone is a strong support band, and the whales won’t allow the price to stay below this range for long.

Trading suggestion: Aggressive traders can place the first base position at 0.0139–0.0142, with a strict stop-loss at 0.0135 (must exit if broken). Cautious traders should wait for the price to firmly hold above 0.0152 before chasing, as that is the neckline of the previous two rebounds. Target levels: 0.0186 (Fibonacci 0.382) and 0.0210 (previous high-volume consolidation zone). Position size should not exceed 30%; this coin has wild swings—a single wick can cause huge losses.

The technical flaw is the 24-hour drop of 35%, indicating strong distribution intent from the whales. This divergence is just a bounce logic from oversold conditions, not a trend reversal. Only if the price can pull back above 0.017 and not break 0.015 will the bottom be confirmed. Personally, I prefer to wait for a breakout above 0.0152 to do right-side trading; catching a falling knife on the left side is only for seasoned players.

Is 0.0140 the bottom? Vote: A. Bounce back above 4.2M. Break 0.013 and find a new low. Tell me your choice in the comments. I’ll be watching the charts until early tomorrow morning—the key handover is around 3:00 AM, when the US stock market closes.