MEET48 Price Prediction: Can a 208% Weekly Rally Push IDOL Toward $0.030?
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- IDOL surged over 200% in seven days, but resistance near $0.02731 could limit further gains.
- Open interest climbed to $49.87 million, signaling increased leveraged trading and liquidation risks.
- IDOL recorded $20,360 in net spot inflows on November 2, suggesting renewed buying interest.
MEET48 (IDOL) has extended its impressive rally, gaining more than 200% over seven days as trading activity accelerates across derivatives and spot markets. The token recently traded around $0.02439, marking a 31.81% daily increase.
IDOL Price Rally Faces Resistance Near $0.027
IDOL’s daily chart reveals a strong bullish reversal after the token recovered from its $0.00678 low. The rally pushed prices above all four exponential moving averages (EMAs), strengthening the broader bullish structure.
However, the latest pullback suggests that buyers face increasing resistance near…
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