$ICNT Strong push into resistance, now showing signs of exhaustion near the highs
Trading Plan Short $ICNT (max 10x)
Entry: 0.345 – 0.363
SL: 0.385
TP: 0.322
TP: 0.292
TP: 0.262
Price has pushed into the resistance zone but is starting to lose strength. The move higher lacks clean continuation, and momentum is fading with each attempt to push up. Buyers are no longer as aggressive, while sellers are gradually stepping in.
When price stalls at resistance after a strong run like this, it often signals weakening demand and potential exhaustion. This kind of structure typically leads to a pullback or short-term reversal as supply begins to outweigh demand.
ICNTUSDT
Trvl
0.3703
+6.80%