$ICNT Short Liquidation: $4.9759K at $0.29424

ICNT records a clear short-side liquidation at $0.29424, showing sellers getting caught offside as buying pressure surged. The forced closure of short positions fuels upside momentum, allowing buyers to step in aggressively and push price higher. This liquidity sweep removes overleveraged shorts and reinforces a bullish structure, creating room for further upside continuation if demand remains strong.

EP: $0.29424

TP: $0.30850

SL: $0.29100

With bearish pressure invalidated and buyers firmly in control, $ICNT maintains a bullish short-term outlook, favoring continued upside as long as price holds above the liquidation level and buying momentum stays dominant.

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