$ICNT Bulls Face a Sharp Rejection
Short $ICNT (DCA Entries)
EP1: 0.2000 – 40%
EP2: 0.2100 – 30%
EP3: 0.2220 – 30%
SL: 0.2750
TP1: 0.1900
TP2: 0.1820
TP3: 0.1720
TP4: 0.1600
Why:
$ICNT surged 32.82% before facing rejection near 0.2242, with price falling below MA7 (0.2109) and MA25 (0.2017). MACD has turned negative, signaling weakening short-term momentum, while rising OI and elevated volume suggest continued volatility. A confirmed break below 0.1960 could open the way toward 0.1900 and 0.1820. However, price remains above MA99 (0.1684), so a rebound is possible if support holds.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
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#Altcoin Season# #Macro Insights#
Short $ICNT (DCA Entries)
EP1: 0.2000 – 40%
EP2: 0.2100 – 30%
EP3: 0.2220 – 30%
SL: 0.2750
TP1: 0.1900
TP2: 0.1820
TP3: 0.1720
TP4: 0.1600
Why:
$ICNT surged 32.82% before facing rejection near 0.2242, with price falling below MA7 (0.2109) and MA25 (0.2017). MACD has turned negative, signaling weakening short-term momentum, while rising OI and elevated volume suggest continued volatility. A confirmed break below 0.1960 could open the way toward 0.1900 and 0.1820. However, price remains above MA99 (0.1684), so a rebound is possible if support holds.
Note: If EP2 and EP3 are not reached, enter 100% at EP1.
📩DM ME ON X TO KNOW HOW TO JOIN MY PREMIUM FOR HIGHLY PROFITABLE TRADE SETUPS LIKE THIS
#Altcoin Season# #Macro Insights#