#FOMCMeeting
ICX/USDT
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### 📢**Technical Snapshot**📢
* **Current Price*💵*: \$0.1185
* **24h Change**: +22.93% (strong upward momentum)💯
* **24h High / Low**: \$0.1382 / \$0.0946
* **Volume Surge**: High trading volume seen around \$0.117 level
* **MA60 (60-period Moving Average)**: \$0.1179 (price slightly above it — bullish short-term signal)
### **Chart Pattern & Indicators**
* **Momentum**: Strong rebound from low of \$0.0946; upward price movement confirms buyer interest.
* **Resistance Level**: \$0.1382 (recent high — key resistance)
* **Support Level**: \$0.0946 (24h low — key support)
* **EMA View** (from the VOL tab):
* Last 30 Days: +41.29% (short-term bullish)
* 7 Days: +13.19%
* 1 Year: -48.50% (long-term downtrend — caution)
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### **Trade Signal**
**Type**: Short-term **BUY**
**Rationale**:
* Strong volume breakout
* Price crossed above the 60 MA, indicating short-term strength
* Recovery bounce after deep sell-off
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### **Suggested Trade Setup**
* **Buy Entry**: \$0.1185 (current price)
* **Stop Loss (SL)**: \$0.1100 (below recent minor dip to protect capital)
* **Take Profit (TP)**: \$0.1300 (near resistance but before the 24h high)
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### **Risk-Reward**
* **Risk**: \$0.0085 per unit
* **Reward**: \$0.0115 per unit
* **Risk/Reward Ratio**: \~1:1.35 (acceptable) #MarketPullback #SaylorBTCPurchase #AppleCryptoUpdate #Write2Earn $ICX