$ICNT SHORT SETUP — Bears May Be Ready to Take Control!
This could be one of the last opportunities to catch a potential downside move on $ICNT before selling pressure increases.
I’m still holding my SHORT position on ICNThere.
🎯 **Take Profit (TP): $0.134**
🛑 **Stop Loss (SL): $0.229**
Here’s what I’m watching.
ICNT has already faced rejection near the upper resistance zone, and now the price action is starting to show signs of weakening momentum. Buyers pushed the price higher, attracting late entries, but the expected bullish continuation hasn’t been convincing so far.
That’s where things get interesting. 👀
If sellers continue to gain strength and buyers fail to reclaim the resistance area, $ICNT could face another leg down. A breakdown in the current structure may accelerate the decline as late buyers rush to exit their positions.
For now, I’m watching for another weak bounce followed by fresh selling confirmation. I’d rather wait for the market to show weakness than chase a pump that may already be losing momentum.
#ICNTUSD #icntusdt #StrategySharesFall9%OnFriday #CelestiaLaunchesEdenToTestAIAgentTrading
This could be one of the last opportunities to catch a potential downside move on $ICNT before selling pressure increases.
I’m still holding my SHORT position on ICNThere.
🎯 **Take Profit (TP): $0.134**
🛑 **Stop Loss (SL): $0.229**
Here’s what I’m watching.
ICNT has already faced rejection near the upper resistance zone, and now the price action is starting to show signs of weakening momentum. Buyers pushed the price higher, attracting late entries, but the expected bullish continuation hasn’t been convincing so far.
That’s where things get interesting. 👀
If sellers continue to gain strength and buyers fail to reclaim the resistance area, $ICNT could face another leg down. A breakdown in the current structure may accelerate the decline as late buyers rush to exit their positions.
For now, I’m watching for another weak bounce followed by fresh selling confirmation. I’d rather wait for the market to show weakness than chase a pump that may already be losing momentum.
#ICNTUSD #icntusdt #StrategySharesFall9%OnFriday #CelestiaLaunchesEdenToTestAIAgentTrading