📊 Keep an eye on $ICNT coin. 📊
On the daily chart, it has been respecting a strong descending trendline for a long time, continuously forming lower highs and lower lows, which confirms the ongoing downtrend.
Now this level is becoming important. If the price successfully breaks out and gives a solid 4-hour candle closing above the trendline, it can confirm a breakout setup. After confirmation, a strong bullish move of around 30% to 40% can be expected.
Potential pump zone could be from
0.468 -- 0.482 -- 0.497
However, patience is key — wait for proper confirmation before entering. Once breakout is confirmed, stop-loss can be placed below the trendline and then a long position can be considered with proper risk management.