ICNT: The move is extended; the entry zone matters as much as the direction.
🟢 LONG
$ICNT /USDT · CRYPTO FUTURES
Status: Waiting for a pullback into the zone.

The trade-off
Main risk: The closed 1h price is 4.0 ATR above EMA50; a pullback could precede continuation.

Why it remains on watch
The 4h EMA structure favors LONG, but the closed 1h price is extended; a counter-move could precede continuation.
• 4h bullish EMA50/200 stack; 1h bullish.
• 1h RSI 83.8: supports LONG.
• 15m DI+ 24.9 / DI− 11.9: leans LONG; ADX 52.3 measures strength.

The levels
Entry: 0.292 – 0.295
TP1: 0.3134 (+6.8% | 0.75R) [projection]
TP2: 0.3267 (+11.3% | 1.25R) [projection]
TP3: 0.3467 (+18.1% | 2.00R) [projection]
SL: 0.2669 (-9.1%) [1h swing]
Percentages/R: zone midpoint, before costs. Projections are not observed S/R.
TP1 net est. 0.63R at worst zone edge; fees 5 + slippage 2 bps/side. Funding excluded.

Entry review: Wait for price in the zone, then review a closed 15m candle; no confirmed entry.
Invalid: SL 0.2669, 4h loses LONG, or 1h turns SHORT.
If triggered: exit 50/25/25% at TP1/2/3; stop to entry after TP1 (before costs).
Updated 06 Nov 17:41 UTC | Expires 06 Nov 18:08 UTC
Conditional analysis · NFA · Manage risk.