$IDOL recorded a $1.9576K short liquidation at $0.01965. This suggests upward pressure is forcing leveraged short positions to close, potentially adding fuel to bullish momentum.
Key Technical Levels:
Support 1: $0.02000
Support 2: $0.01900
Resistance 1: $0.02230
Resistance 2: $0.02390
Next Upside Target: $0.02578
If buyers maintain control and reclaim $0.02230, IDOL could extend its recovery toward $0.02390 and beyond. However, losing the $0.01900 region would weaken the bullish structure.
Short squeezes can create powerful moves, but confirmation and volume are essential.
