Opened 10k short on $ICNT !? Price is struggling around $0.224–$0.218, and so far, buyers haven’t managed to turn that zone into a clean breakout.
That’s why I’m taking the other side of this recovery.
BIG SHORT $ICNT
TP: $0.17
SL: $0.23👇🏻
The way I see it, this bounce could still be a trap for people jumping in late. If the upper zone keeps rejecting price, another flush toward $0.174 is on the table.
Maybe $ICNT recovers later, but I don’t need to catch the whole move. I just want this rejection to play out.
Let’s see if this comeback has real strength behind it… or if the sellers have one more move left. 📉
That’s why I’m taking the other side of this recovery.
BIG SHORT $ICNT
TP: $0.17
SL: $0.23👇🏻
The way I see it, this bounce could still be a trap for people jumping in late. If the upper zone keeps rejecting price, another flush toward $0.174 is on the table.
Maybe $ICNT recovers later, but I don’t need to catch the whole move. I just want this rejection to play out.
Let’s see if this comeback has real strength behind it… or if the sellers have one more move left. 📉