🔥 $ICNT /USDT PERP – SHORT AFTER PARABOLIC RUN 🔥
Fast pump… now gravity is testing the move.
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📉 Pair: ICNT/USDT (Perpetual)
⏱ Timeframe: 1H
💲 Current Price: 0.3861
📊 24H Move: +29% (⚠️ overheated zone)
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🧠 What the Chart Is Showing
ICNT went parabolic from 0.28 → 0.417 in a short time. That kind of move needs cooling — and the chart is already hinting at it.
Strong rejection near 0.4176 🔴
Long upper wicks = profit-taking pressure
Volume peaked on the top, now cooling
Price failing to reclaim 0.40+ resistance
This looks like distribution after a hype pump, not fresh accumulation.
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🎯 SHORT TRADE PLAN
🔻 Short Entry Zone:
0.395 – 0.410 (sell near resistance, not mid-range)
🎯 Targets:
TP1: 0.365
TP2: 0.335
TP3: 0.305 (previous base area)
🛑 Stop Loss:
0.425 (above the pump high)
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💡 Pro Tip
Parabolic candles attract FOMO —
smart money sells into that excitement.
Wait for the bounce, then short with structure on your side.
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🔥 Pump energy fading
🔥 Sellers defending the highs
🔥 Patience creates precision
⚠️ Not financial advice. Always manage risk and position size properly.
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