$ICNT Long Liquidation: $1.5435K at $0.32346
ICNT prints a notable long liquidation at $0.32346 as buyers fail to sustain support, allowing sellers to seize momentum and push price lower. This shakeout forces overleveraged longs to exit, revealing weakening bullish conviction while bears drive the chart into deeper liquidity zones. If selling pressure continues to build, ICNT may extend its downward move as trapped long positions struggle to recover.
EP: $0.32346
TP: $0.31582
SL: $0.32784
With buyers losing strength and liquidation-driven sell pressure rising, $ICNT holds a bearish short-term outlook, favoring continued downside as sellers reinforce control.
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