$ICNT A massive volume spike hit between 03:00 and 05:00 this morning, pushing the price from around 0.17 straight up to around 0.195, with the RSI climbing right up to the 70 mark.
Open interest rose by roughly 13% over the past two days, and the notional value climbed along with it—price and open interest are both up, suggesting some short-term chasing. The price tested resistance around 0.195 several times but couldn't break through, so don't chase the highs. If it pulls back to around 0.184, watch to see whether buyers step in. A break below that, and this rally is over.
Not investment advice. Don't FOMO.
#ICNT $ICNTUSDT
Open interest rose by roughly 13% over the past two days, and the notional value climbed along with it—price and open interest are both up, suggesting some short-term chasing. The price tested resistance around 0.195 several times but couldn't break through, so don't chase the highs. If it pulls back to around 0.184, watch to see whether buyers step in. A break below that, and this rally is over.
Not investment advice. Don't FOMO.
#ICNT $ICNTUSDT
