The recent pullback in $ICNT is a healthy correction after a sustained upward move. Corrections like this help clear weak positions and allow the market to consolidate before the next leg. I’m watching closely because price is approaching a key zone where sellers may step in.
Trade Setup:
Entry Zone: $0.367 – $0.369
Target 1: $0.364
Target 2: $0.361
Stop Loss: $0.371
This zone is strong because it aligns with a previous reaction area and the 0.618 Fibonacci retracement of the last swing high. Price has respected this level before, showing that sellers are ready to defend it. They’re building strength around this zone, and if it holds, we could see a smooth move toward the lower targets.

