$ICNT is above its 30-day high: current price 0.3774, previous high 0.363.
After the breakout, two things are key:
Can the previous high of 0.363 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be a false breakout.
Is this an opportunity or just noise?
You’re responsible for your own risk—just sharing some thoughts.
After the breakout, two things are key:
Can the previous high of 0.363 turn from resistance into support (holding on a retest)?
Was there a surge in volume during the breakout? A breakout on low volume can easily turn out to be a false breakout.
Is this an opportunity or just noise?
You’re responsible for your own risk—just sharing some thoughts.
