IDOL - Where is the buying zone for IDOL?

For coins such as IDOL, my focus remains purely on technical analysis. Whitepapers and narratives have little relevance here; what matters is what the chart and indicators reveal.

Looking at the historical data, the market once pushed IDOL into extreme overbought territory with an RSI peak at 99—a level that cannot simply be explained by retail FOMO. Regardless of its origin, the aftermath was inevitable: a sharp correction that dragged IDOL into deep oversold conditions, hitting an RSI low of 15, followed by a mild rebound.

This is where things start to look more rational. The key question now is: Where are the optimal entry zones for those looking to position in IDOL? Based on the price structure, I identify two attractive accumulation levels: 0.014 and 0.011.

However, it is critical to emphasize that these zones are suited for a short-term relief rally, not for initiating a full-fledged bullish wave. Since these are futures trades, applying tight stop-loss management is essential before entering any position.

Let’s keep the discussion open and evaluate how this setup unfolds.