$ICNT hit a 30-day high, with buyers showing strong conviction.
But after the sharp rise, it pulled back. The current price of 0.3584 is back below the previous high of 0.363.
Stop-loss orders are often placed near new highs. The pullback after they were triggered suggests there is considerable selling pressure at these levels. Let’s see whether it can reclaim the previous high.
#ICNT
Just a quick note—make your own decisions about buying and selling.
But after the sharp rise, it pulled back. The current price of 0.3584 is back below the previous high of 0.363.
Stop-loss orders are often placed near new highs. The pullback after they were triggered suggests there is considerable selling pressure at these levels. Let’s see whether it can reclaim the previous high.
#ICNT
Just a quick note—make your own decisions about buying and selling.
