$ICNT has fallen below the 0.16 level.
A surge in volume during the breakdown indicates genuine selling pressure. A dip on lower volume is more likely to recover.
Technically, this move should be assessed alongside the daily chart structure, as fluctuations on shorter timeframes can easily reverse.
A surge in volume during the breakdown indicates genuine selling pressure. A dip on lower volume is more likely to recover.
Technically, this move should be assessed alongside the daily chart structure, as fluctuations on shorter timeframes can easily reverse.