$ICNT The price fell 2.72% in 5 minutes and is now at 0.111. Two possible scenarios from here:
① It stabilizes and recovers to the starting point of the drop → this was probably a sentiment-driven sell-off
② The rebound lacks strength and it falls below the 24-hour low of 0.1036 → weakness may continue
Personally, I’ll wait to see how strong the stabilization signals are before drawing a conclusion. What signal are you waiting for before making a move?
#ICNT
This is just for recording and sharing, not trading advice.
① It stabilizes and recovers to the starting point of the drop → this was probably a sentiment-driven sell-off
② The rebound lacks strength and it falls below the 24-hour low of 0.1036 → weakness may continue
Personally, I’ll wait to see how strong the stabilization signals are before drawing a conclusion. What signal are you waiting for before making a move?
#ICNT
This is just for recording and sharing, not trading advice.