$ICNT ๐จ SIGNAL ALERT: ICNT/USDT (Impossible Cloud Network) ๐จ
Direction: LONG ๐ข
Leverage: Isolated 5x - 10x
๐ ENTRY ZONE:
0.2900 - 0.3150 (Buying the "Oversold" Flush)
The price has corrected sharply (approx. -30% in 24h), flushing from the $0.45+ highs to test the $0.30 psychological support. We are entering here, catching the "falling knife" at this major demand zone.
๐ฏ TAKE PROFIT TARGETS:
0.3550 (Immediate Recovery Bounce)
0.4200 (Retest of Breakdown Level)
0.5500 (Resuming the DePIN Trend / ATH Retest) ๐
๐ STOP LOSS:
0.2650 (Below the panic wick support)
๐ THE SETUP:
ICNT is experiencing a classic leverage shakeout. The fundamentals remain unchanged: the DePIN narrative is strong, and the project has confirmed $7M+ in Annual Recurring Revenue (ARR) from enterprise clients. The recent drop appears driven by margin liquidations rather than a change in value. The RSI is hitting oversold levels on the 4H chart. We are betting that the market has overreacted and that the price will rotate back toward fair value as the selling exhausts.
โ ๏ธ Risk Management: CATCHING A KNIFE. We are buying into red candles. The volatility is extreme. If the price breaks below $0.265, the correction could go deeper to $0.23. Keep position sizes small and trail stops once in profit.
