ICNT just busted the swing low, eyes on a fresh short swing. Momentum's screaming lower.
🔴 $ICNT SHORT 📉
Entry → $0.336263-$0.336937
Stop → $0.346698 (-3.0%)
TP1 → $0.331551 (+1.5%)
TP2 → $0.319770 (+5.0%)
R/R 1:1.7 • Confidence 65%
The CHoCH hit right at the break, CVD showed sellers dominating, and we have a FVG right under the recent high that lines up with an OB. The POI confluence of the OB and FVG locks the entry, making the structure a clean downtrend.
A 3.0% stop is a bit tight for a 1:1.7 target, so keep leverage around 3x to stay safe.
Take half off at the first profit zone, around a 1.5% move.
Not financial advice — always manage your own risk 🙏
$ICNT #ICNTUSDT #THORChain #TradingSignals #Write2Earn
🔴 $ICNT SHORT 📉
Entry → $0.336263-$0.336937
Stop → $0.346698 (-3.0%)
TP1 → $0.331551 (+1.5%)
TP2 → $0.319770 (+5.0%)
R/R 1:1.7 • Confidence 65%
The CHoCH hit right at the break, CVD showed sellers dominating, and we have a FVG right under the recent high that lines up with an OB. The POI confluence of the OB and FVG locks the entry, making the structure a clean downtrend.
A 3.0% stop is a bit tight for a 1:1.7 target, so keep leverage around 3x to stay safe.
Take half off at the first profit zone, around a 1.5% move.
Not financial advice — always manage your own risk 🙏
$ICNT #ICNTUSDT #THORChain #TradingSignals #Write2Earn