The trend is improving, but buying directly into fresh highs reduces the edge.
$ICNT /USDT — NO TRADE
Trade Plan
Entry: Wait for a pullback into 0.1215–0.1230 with bullish confirmation, or a confirmed 1H close above 0.1275 followed by a successful retest.
SL: Below the confirmed support after entry.
TP1: 0.1310
TP2: 0.1360
TP3: 0.1420
Why this setup?
ICNT has rallied more than 17% and is trading above the 7 and 25 moving averages after reclaiming the 99 MA, confirming that buyers have regained short-term control. However, price is now pressing against the 0.1274 resistance after a strong impulsive move, increasing the likelihood of short-term consolidation.
Entering at current levels means chasing momentum into resistance, while a short position is not justified as the market structure remains bullish. $ICNT offers a higher-quality opportunity after either a pullback to support or a confirmed breakout above the recent high.
Patience creates better trades than emotions.
$ICNT
$ICNT /USDT — NO TRADE
Trade Plan
Entry: Wait for a pullback into 0.1215–0.1230 with bullish confirmation, or a confirmed 1H close above 0.1275 followed by a successful retest.
SL: Below the confirmed support after entry.
TP1: 0.1310
TP2: 0.1360
TP3: 0.1420
Why this setup?
ICNT has rallied more than 17% and is trading above the 7 and 25 moving averages after reclaiming the 99 MA, confirming that buyers have regained short-term control. However, price is now pressing against the 0.1274 resistance after a strong impulsive move, increasing the likelihood of short-term consolidation.
Entering at current levels means chasing momentum into resistance, while a short position is not justified as the market structure remains bullish. $ICNT offers a higher-quality opportunity after either a pullback to support or a confirmed breakout above the recent high.
Patience creates better trades than emotions.
$ICNT