๐ $ICNT is starting to show weakness, and Iโm still watching this short setup closely.
Iโm staying SHORT on $ICNT here.
๐ฏ TP: $0.134
๐ SL: $0.229
Price has already faced rejection near the upper zone, and now selling pressure seems to be picking up.
The recent pump attracted plenty of late buyers, but instead of continuing higher, price is starting to lose momentum. Thatโs what has me watching for another move down.
If sellers continue to take control, $ICNT could drop faster than many traders expect.
For now, I see this as a potential short opportunity rather than a reason to chase the pump. Of course, the setup still needs confirmation, so Iโm keeping risk management in mind.
Letโs see how price plays out. ๐๐ป
Iโm staying SHORT on $ICNT here.
๐ฏ TP: $0.134
๐ SL: $0.229
Price has already faced rejection near the upper zone, and now selling pressure seems to be picking up.
The recent pump attracted plenty of late buyers, but instead of continuing higher, price is starting to lose momentum. Thatโs what has me watching for another move down.
If sellers continue to take control, $ICNT could drop faster than many traders expect.
For now, I see this as a potential short opportunity rather than a reason to chase the pump. Of course, the setup still needs confirmation, so Iโm keeping risk management in mind.
Letโs see how price plays out. ๐๐ป