$ICNT lost the 0.35 level. There are two possible scenarios next:
① It bounces but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.3119 as the first downside target.
② It quickly reclaims 0.35 → this move looks more like a wick, and shorts could easily get squeezed.
I’m paying closer attention to the buying support on the first bounce.
#ICNT
① It bounces but fails to reclaim 0.35 → the level turns into resistance, with the 24h low of 0.3119 as the first downside target.
② It quickly reclaims 0.35 → this move looks more like a wick, and shorts could easily get squeezed.
I’m paying closer attention to the buying support on the first bounce.
#ICNT
