$ICNT If selling pressure persists and the price gives way, the key support levels to watch are 0.1957, 0.1772, and the floor at 0.1652.
To look for a long bounce, the idea is to wait for the price to stabilize and confirm a clean entry between 0.1950 and 0.2050, targeting 0.2300 / 0.2530 with a stop loss at 0.1850. Conversely, if you prefer to look for a short, a speculative opportunity opens up if the price breaks through immediate support with force and falls below the moving averages, targeting 0.1800 / 0.1650 with a stop loss at 0.2180.
ALWAYS DO YOUR OWN RESEARCH (DYOR)… 🔍
#AnalisisTecnico
To look for a long bounce, the idea is to wait for the price to stabilize and confirm a clean entry between 0.1950 and 0.2050, targeting 0.2300 / 0.2530 with a stop loss at 0.1850. Conversely, if you prefer to look for a short, a speculative opportunity opens up if the price breaks through immediate support with force and falls below the moving averages, targeting 0.1800 / 0.1650 with a stop loss at 0.2180.
ALWAYS DO YOUR OWN RESEARCH (DYOR)… 🔍
#AnalisisTecnico
