🐋 $ICNT broke through the 0.19 level, where limit orders and stop-losses are usually most concentrated.
Once it holds above, short positions’ stop-losses above could be swept in a cluster, triggering an accelerated move. But if volume doesn’t pick up, it could easily be pushed back below the level.
Which direction do you favor?
Once it holds above, short positions’ stop-losses above could be swept in a cluster, triggering an accelerated move. But if volume doesn’t pick up, it could easily be pushed back below the level.
Which direction do you favor?