$ICNT : Short Setup
ICNT is retracing after its spike to 0.2532 and is printing lower highs under its 9-period MA. I'm looking to sell a bounce into the lower-high zone instead of shorting the middle.
Entry: 0.2200 – 0.2260 (on retest)
Stop-loss: 0.2330
- TP1: 0.2050
- TP2: 0.1980
- TP3: 0.1900
Reason: Lower highs after the spike, price below the 9-period MA, and 0.2040 is the next support that needs to hold. A 1H close above 0.2330 invalidates the setup.
⚠️ Volatile coin. Small size, low leverage.
Personal view, not financial advice. DYOR.
#ICNT #ImpossibleCloud #Binance #Crypto #futures
ICNT is retracing after its spike to 0.2532 and is printing lower highs under its 9-period MA. I'm looking to sell a bounce into the lower-high zone instead of shorting the middle.
Entry: 0.2200 – 0.2260 (on retest)
Stop-loss: 0.2330
- TP1: 0.2050
- TP2: 0.1980
- TP3: 0.1900
Reason: Lower highs after the spike, price below the 9-period MA, and 0.2040 is the next support that needs to hold. A 1H close above 0.2330 invalidates the setup.
⚠️ Volatile coin. Small size, low leverage.
Personal view, not financial advice. DYOR.
#ICNT #ImpossibleCloud #Binance #Crypto #futures
