$ICNT near a critical resistance zone
Short $ICNT
Entry: 0.355 – 0.405
SL: 0.450
TP1: 0.3400
TP2: 0.3200
TP3: 0.2900
TP4: 0.2500
ICNT is struggling below MA7 (0.3498) and MA25 (0.3512), while MACD remains bearish. Weakening volume suggests fading buying momentum. Rejection around 0.3520–0.3650 could push price toward 0.3400 and 0.3220. A sustained breakout above 0.450 would invalidate the short setup.
Short $ICNT
Entry: 0.355 – 0.405
SL: 0.450
TP1: 0.3400
TP2: 0.3200
TP3: 0.2900
TP4: 0.2500
ICNT is struggling below MA7 (0.3498) and MA25 (0.3512), while MACD remains bearish. Weakening volume suggests fading buying momentum. Rejection around 0.3520–0.3650 could push price toward 0.3400 and 0.3220. A sustained breakout above 0.450 would invalidate the short setup.
