daily resistance — lower high structure forming.

🔻 SHORT $ ICNT

Entry Zone: 0.402 – 0.415

Stop Loss: 0.445

Target 1: 0.380

Target 2: 0.355

Target 3: 0.320

$ICNT printed a strong rejection from the 0.49 region and is now trading below the 7 & 25 EMA on the daily timeframe, signaling weakening bullish momentum. The recent bounce appears corrective rather than impulsive, suggesting potential lower-high formation near 0.41.

As long as price remains below 0.445, the bearish thesis stays intact. A breakdown below 0.396 support opens rotation toward 0.380 first, followed by 0.355. If selling pressure expands, 0.320 becomes the next major liquidity pocket.

A strong reclaim above 0.445 would invalidate the short setup.

Click here 👇 and trade to support me 💛

ICNTUSDT

Perp

0.4009

-0.37%

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