icnusdt

#ICNUSDT
Current Price: 0.1052
There is a downtrend since the peak at 0.2118, and no clear sign of an upside reversal has appeared yet.
The price is moving sideways between 0.1007 and 0.1100, indicating an accumulation or waiting phase.
Moving Averages:
MA7 = 0.1057
MA25 = 0.1066
MA99 = 0.1210, and all are above the price by approximately, which suggests that selling pressure is still in place.
Key Levels
First Support: 0.1007
Second Support: 0.0950
First Resistance: 0.1100
Strong Resistance: 0.1200 – 0.1210
Scenarios
If 0.1007 is broken with an hourly close alongside an increase in volume, it may drop toward 0.0950.
If 0.1100 is broken and the price closes above 0.1210 with strong trading volume, a new upward wave could begin.
My Opinion
Right now, I don’t see a strong long entry point because the trend is still weak. It’s better to wait for:
A clear breakout above 0.1100–0.1210 to enter long.
Or a break below 0.1007 if you’re considering a short trade (with strict risk management).