ICNTUSDT
Perp
0.3909
+43.81%
My analysis was correct again, now there is a big profit for those who open a Short position. $ICNT
🚨 $ICNT Approaching a Peak? Beware of a Potential Dump Zone!
{future}(ICNTUSDT)
ICNT has formed a strong pump-drop pattern again, but the 1D chart shows a repeat of the previous peaks at 0.4270 and 0.4265. This indicates that upward momentum is weakening, although volatility remains high.
The price is currently moving towards a key area that could potentially become a turning point.
🔺 Key Resistance (Potential Reversal Zone)
0.4090 – 0.4110
This area is of concern because it often serves as a distribution area before a major correction. As long as the price does not break through this area with a strong candle, the risk of a reversal remains high.
🔻 Key Support
0.3650 – 0.3300 – 0.2950
If a rejection occurs, ICNT could potentially retest this support area in the next few days.
📉 Brief Outlook
ICNT continues to exhibit an aggressive pump-drop pattern with increasingly lower peaks. As long as the market fails to break through the upper resistance, the chances of a correction remain high.
#ICNTUpdate #CryptoAnalysis📈📉🐋📅🚀 #MarketAlert
{future}(ICNTUSDT)
ICNT has formed a strong pump-drop pattern again, but the 1D chart shows a repeat of the previous peaks at 0.4270 and 0.4265. This indicates that upward momentum is weakening, although volatility remains high.
The price is currently moving towards a key area that could potentially become a turning point.
🔺 Key Resistance (Potential Reversal Zone)
0.4090 – 0.4110
This area is of concern because it often serves as a distribution area before a major correction. As long as the price does not break through this area with a strong candle, the risk of a reversal remains high.
🔻 Key Support
0.3650 – 0.3300 – 0.2950
If a rejection occurs, ICNT could potentially retest this support area in the next few days.
📉 Brief Outlook
ICNT continues to exhibit an aggressive pump-drop pattern with increasingly lower peaks. As long as the market fails to break through the upper resistance, the chances of a correction remain high.
#ICNTUpdate #CryptoAnalysis📈📉🐋📅🚀 #MarketAlert
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.