ICNT /USDT LONG TRADE SETUP
$ICNT is showing a strong recovery move, currently trading near $0.4165 after successfully defending a key support area. The price action on the 15m chart indicates increasing buyer interest, confirming a potential continuation of the uptrend after the recent correction from the $0.4572 high.
Key Entry and Momentum
Current Price: 0.4165
Bullish Sign: Price is pushing off the consolidation zone and breaking above the recent local resistance.
Target Points
Based on technical levels seen in the chart:
TP1: 0.4280 (First resistance level/Minor high)
TP2: 0.4385 (The next clear horizontal resistance zone)
TP3: 0.4550 (Near the recent 24h High of 0.4572)
Stop Loss
Set stop loss below 0.3950 to limit downside risk and protect capital if the momentum reverses. This is just below the last significant swing low before the bounce.
Trade on Binance: You can buy and trade $ICNT
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