šŸ”» $IDOL /USDT Trade Setup – Breakdown Expected? (15-Min Chart)

IDOL/USDT is showing bearish momentum on the 15-minute timeframe, with lower highs, weak bounces, and increasing selling pressure. A breakdown could be imminent if key support fails.

šŸ“Œ Trade Plan (Scalping Opportunity)

Entry Zone:Ā 0.01220 - 0.01225Ā (Break below minor support)
Stop Loss (SL):Ā 0.01255Ā (Above recent swing high & trendline resistance)
Take Profit Targets:

TP1:Ā 0.01190Ā (Previous swing low & wick support)

TP2:Ā 0.01150Ā (Stronger support & psychological level)

šŸ“Š Key Observations:

Lower highsĀ confirm short-term downtrend.

Bearish volume spikesĀ on pullbacks indicate selling pressure.

Price near lower Bollinger Band, suggesting downside continuation.

No bullish divergenceĀ yet—RSI remains weak.

āš ļø Risk Management:

Only enter if price rejectsĀ 0.01230Ā and breaksĀ 0.01220.

Adjust position size to keep riskĀ 1-2% per trade.

Consider partial profits atĀ TP1Ā and trail stop forĀ TP2.