$ICNT: Strong Bounce, but the Real Test Starts at $0.187
ICNT bounced sharply from $0.1638, and buyers are now testing the $0.185–$0.187 resistance zone.
The recovery looks promising, but I'm not calling it a bullish reversal just yet.
A clean breakout above $0.187 could open the door toward $0.195 and potentially $0.202.
But if sellers defend this area, another pullback toward $0.178–$0.170 remains possible.
That's what makes this level interesting. Both sides have something to prove.
A strong bounce is one thing. Turning resistance into support is another.
I'm waiting to see whether ICNT can hold above $0.187 before getting more bullish.
$ICNT
ICNT bounced sharply from $0.1638, and buyers are now testing the $0.185–$0.187 resistance zone.
The recovery looks promising, but I'm not calling it a bullish reversal just yet.
A clean breakout above $0.187 could open the door toward $0.195 and potentially $0.202.
But if sellers defend this area, another pullback toward $0.178–$0.170 remains possible.
That's what makes this level interesting. Both sides have something to prove.
A strong bounce is one thing. Turning resistance into support is another.
I'm waiting to see whether ICNT can hold above $0.187 before getting more bullish.
$ICNT
