$ICNT / USDT – Daily Resistance Rejection 🔻📉

$ICNT has rejected key daily resistance and is forming a potential lower-high structure. Price is trading below the 7 & 25 EMA on the daily timeframe, indicating weakening bullish momentum. The recent bounce appears corrective, increasing the probability of downside continuation.

🔻 SHORT $ICNT

Entry Zone: 0.402 – 0.415 🎯

Stop-Loss: 0.445 🛑

Target 1: 0.380 🎯

Target 2: 0.355 📉

Target 3: 0.320 💰

As long as 0.445 remains unbroken, the bearish thesis stays intact ✅. A breakdown below 0.396 support increases the probability of rotation toward 0.380 first, followed by 0.355. Expanded selling pressure could extend the move toward 0.320.

A strong reclaim above 0.445 invalidates the short setup .

ICNTBase
ICNTUSDT
0.4006
-1.33%

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