$ICX /USDT short trade signal 🔴😭
SHORT TRADE SIGNAL – BEARISH REJECTION NEAR LOCAL HIGH! 🔻
After a strong rally from $0.1230 to a peak of $0.1402, $ICX is showing early signs of exhaustion. The latest 4H candle is forming a rejection wick at the top, suggesting selling pressure as bulls fail to push further above resistance.
Trade Setup (SHORT):
Entry Zone: $0.1395 – $0.1405
Target 1: $0.1330
Target 2: $0.1270
Stop Loss: $0.1428
Why Short?
Price has surged +12% today but is now facing resistance at $0.1402, a level not broken convincingly in recent history. Wicks and slowing momentum hint that bulls are losing steam. A rejection from here could trigger a correction toward previous support levels.
Risk Management Tip:
Watch for volume drop and confirmation below $0.1370. Keep SL tight above wick zone to avoid false breakouts. Lock partials early if momentum turns quickly.
Sell smart — don’t chase green candles when the trend is turning red!
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buy and trade here on $ICX