$ICNT triggered a short liquidation of $1.0369K at $0.46603, signaling a failed breakdown attempt. When price refuses to go lower and shorts get liquidated, it usually means buyers are quietly absorbing supply.
Entry (EP): $0.455 – $0.465
Take Profit (TP):
TP1: $0.51
TP2: $0.57
TP3: $0.64
Stop Loss (SL): $0.428
The psychology here favors reversal traders. Weak sellers are out, stronger hands remain.
ICNTUSDT
Perp
0.5453
+11.19%
