SHORT SETUP โ $ICNT USDT Perp ๐โ ๏ธ
Trading at $0.3566
๐ BEARISH BREAKDOWN CONFIRMED
ยท Price below all MAs:
MA(7) 0.3696
MA(25) 0.3712
MA(99) 0.3838
ยท Testing 24h Low: 0.3533 โ critical support.
ยท Mark Price: 0.3565 โ aligned.
๐ฏ TRADE PLAN
ยท Short Entry: 0.3565 โ 0.3580
ยท Stop Loss: 0.3620 (above recent resistance)
ยท Targets:
TP1: 0.3540
TP2: 0.3520
TP3: 0.3500
๐ VOLUME & STRUCTURE
ยท Volume low โ momentum weakening.
ยท Downtrend from 0.3867 remains intact.
Monitor break below $0.3533 for continuation.
Trade with tight stops & small size.