$ICNT

ICNTBase
ICNTUSDT
0.3726
-15.73%

ICNTUSDT Perp – 1H Chart Analysis

Market Structure

• Strong bearish trend intact (lower highs & lower lows)

• Price below MA25 & MA99 → trend still weak

• Recent bounce from 0.347–0.350 support looks corrective, not trend reversal

• Stoch RSI near upper zone → short-term bounce may be ending

🔴 Bearish (Short) Setup – Preferred

Entry Zone: 0.372 – 0.382

Stop Loss: 0.402 (above MA25 / rejection zone)

Targets:

• 🎯 T1: 0.360

• 🎯 T2: 0.348

• 🎯 T3: 0.332

Reason:

• Price retesting breakdown area

• Trend + MAs favor sellers

• Weak volume on bounce

🟢 Bullish (Long) Setup – Counter-Trend (Risky)

Entry Zone: 0.345 – 0.350 (support sweep + strong rejection only)

Stop Loss: 0.332

Targets:

• 🎯 T1: 0.372

• 🎯 T2: 0.392

• 🎯 T3: 0.405

Condition:

• Only valid if price holds above 0.345 with bullish candle close

• Treat as scalp, not swing

📌 Bias Summary

• Primary bias: Bearish

• Best trade: Short on pullbacks

• Trend flips bullish only above: 0.41–0.42