๐Ÿ”ฅ $ICNT Analysis โ€“ Long Setup ๐ŸŸข๐Ÿ’ช

ICNTBase
ICNTUSDT
0.3059
-18.23%

๐Ÿค”๐ŸŒฟ Why Take This Trade :

ICNT is currently in a cool-down phase at $0.37, showing neutral momentum. Funding rate is slightly negative (-0.2), indicating moderate short pressure but not extreme, which keeps the market balanced. A significant liquidation cluster exists between $0.402โ€“$0.430, meaning strong resistance ahead, but current price is comfortably below, offering a favorable risk-reward for a long position.

๐Ÿ”ฅPlan:

๐Ÿ’ฒ Long Zone: $0.36โ€“$0.37

๐Ÿ›ก Stop Loss (SL): $0.352

๐ŸŽฏ Take Profit (TP): $0.402 (primary), $0.430 (secondary)

โš ๏ธICNTโ€™s neutral sentiment with low funding pressure makes this a strategic long entry for a controlled risk trade. Watch for rejection at liquidation zones before scaling out.โš ๏ธ