$ICNT SHARP PULLBACK AFTER STRONG RECOVERY — KEY SUPPORT IN FOCUS
Impossible Cloud Network ($ICNT) is trading around $0.1883, down 9.34% in the last 24 hours. After falling from the $0.22 region toward a low of $0.1521, ICNT staged a strong recovery and climbed above $0.20. However, sellers have stepped back in, pushing the price down sharply from the recent local high near $0.207–$0.210.
The immediate resistance zone sits around $0.2015–$0.2070. If buyers regain control and push above this area, ICNT could attempt a recovery toward $0.2190, with $0.2300 as a further potential target if momentum strengthens.
On the downside, $0.1850–$0.1880 is the first area to watch. If this zone holds, the price may stabilize and attempt another bounce. A breakdown could expose support near $0.1750, followed by $0.1660. The previous low around $0.1521 remains a deeper support reference if selling pressure intensifies.
The 15-minute chart shows a strong recovery followed by a sharp bearish reversal. Short-term momentum has weakened, so bulls need to defend current support and reclaim $0.20 to improve the outlook. Failure to hold support could lead to another downward move.
Will $ICNT defend $0.1850 and recover toward $0.21, or are sellers preparing for another leg down?
#Nasdaq100Falls5.5%InWorstWeekIn18Months #NasdaqDowWeeklyGapWidestSinceJuly2002 #DeepSeekReleasesUpdatedAIModel #USPPIRises6.3%YearOverYear #GrayscaleAndRepublicLaunchThreeCryptoFunds
Impossible Cloud Network ($ICNT) is trading around $0.1883, down 9.34% in the last 24 hours. After falling from the $0.22 region toward a low of $0.1521, ICNT staged a strong recovery and climbed above $0.20. However, sellers have stepped back in, pushing the price down sharply from the recent local high near $0.207–$0.210.
The immediate resistance zone sits around $0.2015–$0.2070. If buyers regain control and push above this area, ICNT could attempt a recovery toward $0.2190, with $0.2300 as a further potential target if momentum strengthens.
On the downside, $0.1850–$0.1880 is the first area to watch. If this zone holds, the price may stabilize and attempt another bounce. A breakdown could expose support near $0.1750, followed by $0.1660. The previous low around $0.1521 remains a deeper support reference if selling pressure intensifies.
The 15-minute chart shows a strong recovery followed by a sharp bearish reversal. Short-term momentum has weakened, so bulls need to defend current support and reclaim $0.20 to improve the outlook. Failure to hold support could lead to another downward move.
Will $ICNT defend $0.1850 and recover toward $0.21, or are sellers preparing for another leg down?
#Nasdaq100Falls5.5%InWorstWeekIn18Months #NasdaqDowWeeklyGapWidestSinceJuly2002 #DeepSeekReleasesUpdatedAIModel #USPPIRises6.3%YearOverYear #GrayscaleAndRepublicLaunchThreeCryptoFunds