$ICNT +176% IN ONE MONTH! WILL IT RETRACE BEFORE THE NEXT LEG TOWARD $1?
#ICNT has pumped aggressively, printing a massive green candle and attracting FOMO. But price is now approaching a major resistance zone at $0.22–$0.24 and showing rejection.
I'm NOT saying it cannot pump further, but chasing here isn't my preferred strategy.
MY TECHNICAL GAME PLAN
🔹 Preferred Entry: $0.116–$0.1
🔹 Stop Loss: Below $0.086
🔹 Targets: $0.380/$0.540/$1
If $ICNT retraces into my accumulation zone and confirms a bullish reaction, the next major leg higher could offer significant upside.
From $0.116 to $1, that's approximately 762% potential upside. From $0.1, it's 900%.
The best part? My invalidation level is relatively close to the planned entry, offering better risk management than chasing at current levels.
I'm watching the setup, not the FOMO. Let price come to the zone.
Patience over FOMO. Risk management over hype.
NFA. Always DYOR.
#ICNT has pumped aggressively, printing a massive green candle and attracting FOMO. But price is now approaching a major resistance zone at $0.22–$0.24 and showing rejection.
I'm NOT saying it cannot pump further, but chasing here isn't my preferred strategy.
MY TECHNICAL GAME PLAN
🔹 Preferred Entry: $0.116–$0.1
🔹 Stop Loss: Below $0.086
🔹 Targets: $0.380/$0.540/$1
If $ICNT retraces into my accumulation zone and confirms a bullish reaction, the next major leg higher could offer significant upside.
From $0.116 to $1, that's approximately 762% potential upside. From $0.1, it's 900%.
The best part? My invalidation level is relatively close to the planned entry, offering better risk management than chasing at current levels.
I'm watching the setup, not the FOMO. Let price come to the zone.
Patience over FOMO. Risk management over hype.
NFA. Always DYOR.