Family, watch out for $ICX /USDT! 🚨 The current price is $0.1406, with a drop of -3.90%, and it seems that the balance is tilting towards the "Shorts" according to the Long/Short average.
But wait! 🧐 Just when the sentiment turns bearish, we see an interesting spike in taker buy volume, with a peak that surpasses that of sales. This could be a sign of manipulation to liquidate shorts before a possible bullish movement. Stay alert for those false moves!
The 7-day Moving Average (MA7) at $0.1386 is acting as support, while the MA25 at $0.1369 and the MA99 at $0.1376 are a bit below. This indicates that the price is struggling to stay above its short-term averages.
If it manages to consolidate above $0.1400 and the buying volume remains strong, we could see an attempt to recover $0.1412. However, if it loses the support of $0.1386, the next level to observe is the 24h low at $0.1342. Patience and confirmation of direction will be key here. HODL wisely and manage that risk!
