$ICX
just delivered a sharp volatility shock. Price surged from the 0.0394 low to a 0.0570 high, printing a strong impulse candle before cooling off. Even after the pullback, ICX is holding 0.0438 with an intraday gain of +8.96%, showing buyers are still active.
On the lower timeframe, price is now compressing around the key moving averages. MA(7) at 0.0438 and MA(25) at 0.0437 are tightly aligned, while MA(99) at 0.0416 acts as a deeper trend support. This kind of MA squeeze after a vertical move often precedes expansion.
Structure-wise, 0.0420–0.0415 remains the critical demand zone. As long as this holds, upside pressure stays intact. A clean break and hold above 0.0463 opens the path for another attempt toward 0.0500 and the previous spike zone. Volume remains elevated, confirming ICX is still on traders’ radar.