$ICNT - LONG case (x10)

35%. That is stretched.

TRADE PLAN
Entry zone: 0.2 - 0.21 (ref 0.204)
TP1: 0.23 (+12.89%)
TP2: 0.26 (+25.75%)
TP3: 0.27 (+34.44%)
Stop loss: 0.18 (-11.79%)

- Price sits 35% above the 200 EMA on the 30-minute chart, and the 34 and 89 EMAs are stacked below it.
- I read that as a move that ran far from its long-term average, so it can pull back before going higher.

⚠️ Personal market insight, not investment advice. DYOR.