$ICNT Bullish Signal
ICNT has experienced a strong reversal after touching 0.2600, with low-level buying quickly taking control of the pace. The price has continuously closed with solid bullish candles, forming a 'V-shaped recovery' upward structure. Short-term moving averages have all turned upward and are showing an orderly arrangement, indicating that bullish strength is rapidly rebuilding its advantage.
The current price has successfully returned above the 0.30 – 0.31 resistance zone, representing an upgrade in the short-term trend from 'bounce' to 'reversal,' with market sentiment clearly leaning towards bulls; as long as the strength is not broken, there is still room for continuation.
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Bullish Trading Strategy
Entry Range
0.3230 – 0.3320
Take Profit Targets
T1 0.3450
T2 0.3580
T3 0.3720
Stop Loss
0.3090
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ICNT is currently in the 'first wave of upward movement after a strong reversal,' with steadily increasing trading volume and a healthy structure. If it can continue to hold the 0.318 – 0.320 area, the bulls will maintain dominance, and there is an opportunity for the price to continue pushing towards 0.372.
Trade Now $ICNT
