$ICNT Bullish Continuation Setup
Entry Zone: 0.21800–0.22800
Stop Loss: 0.20500
TP1: 0.24820
TP2: 0.25320
TP3: 0.27000
Market Analysis:
ICNT is showing a strong recovery after bouncing from the 0.16380 low. The price has established an ascending channel and is currently trading around 0.23580, keeping the short-term bullish structure intact.
The immediate resistance zone lies between 0.24820 and 0.25320. A decisive breakout above this area could strengthen buying momentum and open the path toward higher levels. However, a rejection near resistance may trigger a pullback toward the 0.21800–0.22800 entry zone.
Confirmation: A strong 1H candle close above 0.24820, supported by increasing volume, would improve the bullish outlook.
Invalidation: A breakdown below 0.20900 would weaken the recovery structure.
Patience and confirmation are important before entering this setup. Always manage risk carefully and avoid chasing the price after a sharp rally.
Entry Zone: 0.21800–0.22800
Stop Loss: 0.20500
TP1: 0.24820
TP2: 0.25320
TP3: 0.27000
Market Analysis:
ICNT is showing a strong recovery after bouncing from the 0.16380 low. The price has established an ascending channel and is currently trading around 0.23580, keeping the short-term bullish structure intact.
The immediate resistance zone lies between 0.24820 and 0.25320. A decisive breakout above this area could strengthen buying momentum and open the path toward higher levels. However, a rejection near resistance may trigger a pullback toward the 0.21800–0.22800 entry zone.
Confirmation: A strong 1H candle close above 0.24820, supported by increasing volume, would improve the bullish outlook.
Invalidation: A breakdown below 0.20900 would weaken the recovery structure.
Patience and confirmation are important before entering this setup. Always manage risk carefully and avoid chasing the price after a sharp rally.
