$ICNT showing strong signs of recovery after finding solid support at 0.3267. The current price action suggests potential for further upside movement, with immediate targets at 0.4284 and 0.4580. Traders might consider buying on minor pullbacks toward the 0.4028 support level, with stop losses below 0.3914.
Latest candlestick shows strong bullish momentum at 0.4197 - Potential breakout above EMA7 - Strong signal.
However, caution is warranted as the RSI(6) approaches overbought territory, suggesting a possible short-term consolidation before continuing the uptrend. Risk management is essential given the recent volatility and the overall market conditions.