IDOLUSDT - Break or Breakdown? IDOL at Decision Zone!Currently, MEET48/USDT is sitting at a critical decision zone after a parabolic rally from 0.012 → 0.0428. The euphoric surge was followed by a healthy correction and distribution phase, forming lower highs capped by a descending trendline (yellow) while price consolidates within the 0.030 – 0.033 box zone (yellow box).
This area now acts as the ultimate battlefield between buyers and sellers. The next decisive move will determine whether we get a bullish continuation breakout or a bearish breakdown into deeper correction.
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Visible Patterns
1. Descending Trendline (seller pressure)
Price has repeatedly failed to close above this yellow line → showing sellers are defending strongly.
2. Consolidation Box (accumulation zone)
The 0.030–0.033 zone is the current tug-of-war area. As long as price holds above it, buyers still have a chance.
3. Two Technical Interpretations:
Descending Triangle (bearish bias): if price continues to press against support.
Falling Wedge (bullish bias): if price breaks to the upside, often signaling trend continuation after a pullback.
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Bullish Scenario
Trigger: 4H candle close above 0.033 with strong volume confirmation.
Targets:
TP1 → 0.0361 (first resistance)
TP2 → 0.0405
TP3 → 0.0428 (local high/ATH)
Narrative: A breakout signals buyers regaining control and resuming the prior rally after consolidation.
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Bearish Scenario
Trigger: 4H candle close below 0.030 with high selling pressure.
Targets:
First support zone → 0.024 – 0.025
Extended target → 0.0115 (historical low shown on chart)
Narrative: A breakdown confirms sellers dominating the zone, opening room for a deeper correction.
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Key Takeaway
0.030 – 0.033 = Decision Zone
Breakout above → continuation higher.
Breakdown below → deeper correction.
Watch volume and 4H candle close for confirmation.
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Notes for Traders
Avoid FOMO, wait for confirmation before entering.
Use scaling strategies (partial entries/exits).
Always manage risk with stop loss outside the box zone.
MEET48 is a low-cap altcoin → expect potential false moves due to low liquidity.
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