$ICNT (Perp)

Clean breakout after a long base, momentum still holding strong.

Price Action

Current price around 0.3722 USDT

Up +16.0% on the day

Intraday high: 0.3999

Intraday low: 0.3109

What’s driving the move

Price expanded sharply from a prolonged accumulation zone, signaling fresh interest.

Strong volume participation confirms the breakout wasn’t random.

Fast MA is leading above mid and long MAs, showing trend acceleration.

Despite volatility near the highs, price is holding structure, not collapsing.

Key Levels to Watch

Support:

0.355 – 0.340 first demand zone and short-term trend support

0.310 major structure support from the breakout base

Resistance:

0.395 – 0.400 immediate supply and rejection area

0.420+ if buyers reclaim control above highs

Trend Bias

Bullish, as long as price stays above the 0.34 support zone. Trend remains intact.

Trade Idea (If / Then)

If price holds above 0.35 and consolidates, continuation toward 0.40+ is likely.

If price loses 0.34, expect a deeper pullback toward 0.31 before any next move.

Momentum is still on the buyers’ side, but patience matters here. Let the structure confirm before chasing.