$ICNT Long trap! I shorted at 0.372, floating profit of 20,000 dollars!
This order was placed around 0.3722, currently the price is 0.3171. At that time, the market was generally bullish, but I chose to go against the trend and short.
I shorted because the trading volume did not increase in sync with the price rise, facing previous resistance levels on the daily chart, and the market sentiment was overly optimistic. These signals led me to believe that a short-term top might form.
In terms of operation, I built positions in batches around the 0.3722 area, with a stop loss set above 0.380. The current price has dropped below 0.317, and if the rebound cannot stabilize above 0.325, I believe it might continue to test the 0.295 area.
I personally think ICNT is still in an adjustment phase. If a rebound occurs, it may provide another opportunity to short. However, the market is ever-changing, and specific operations still need to be judged based on real-time trends. 想上车吃肉的兄弟们，下方聊天室ca11我，专业的事交给专业的人，选择大于努力！
