【$IDOL Signal】Long + 1H Breakout and Pullback Confirmation, Main Force Clearly Protecting the Market

After a brief consolidation on the 1H timeframe, at 17:00-18:00, the price surged through the previous high of 0.01965 with increased volume and closed strongly at 0.02012. The current price is pulling back to test the breakout level and the 1H EMA20$IDOL 0.0193( for support, presenting an excellent second entry opportunity. The 4H chart shows three consecutive bullish candles, breaking out of the bottom oscillation zone, indicating a trend reversal to bullish. Open interest remains stable, with the price soaring 20% while positions stay unchanged, suggesting that it’s not just short covering but that major funds are actively supporting the market. The buy order depth at 0.02 (173K) far exceeds the sell orders, with an imbalance rate of 16.82%, indicating strong support.

🎯 Direction: Long )Long(

⚡ Entry/Order: 0.0198 - 0.0200 ) Near current price or slight pullback (

🛑 Stop Loss: 0.0192

🚀 Target 1: 0.0215

🚀 Target 2: 0.0230

🛡️ Trading Management:
- Position Size Recommendation: Standard position
- Execution Strategy: After the price reaches 0.0215, reduce positions by 50% to lock in profits, and move the stop loss up to the entry price of 0.0198. Hold the remaining position to aim for the second target. If the 1H closing price falls below EMA20)0.0193(, exit all positions.

Depth Logic: The 1H RSI)58.99( is in a healthy bullish zone with room to rise. The key signal is that the price has increased by 20% while open interest remains stable, and the funding rate is only 0.005%, ruling out short squeeze possibilities and indicating active new long positions being built. The 4H chart has already broken above EMA20)0.0206(, with the next resistance at EMA50)0.0214(. Coupled with the massive buy orders at 0.02, it’s clear that major players are protecting this level, making pullbacks a good entry point.

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