Market Sentiment & Strategy
Short-Term:
After a sharp rally and high RSI, expect either a minor pullback or sideways movement as traders take profits and new buyers reassess entry points. Volatility may remain high due to recent volume spikes.
Medium-Term:
If price consolidates above $0.1200 and breaks $0.1422 with volume, further upside is possible. Failure to hold $0.1065 could see a deeper correction.
Long-Term:
The overall trend remains bearish compared to historical highs, but the recent surge indicates renewed speculative interest.
Expect ICX/USDT to trade between $0.125 and $0.131 over the next three days, with a high probability of minor correction or sideways action due to the overbought condition, unless a breakout above $0.1422 occurs with strong volume710
