$ICX /USDT short tread single 🔴 🚦
SHORT TRADE SIGNAL – BEARISH REJECTION NEAR LOCAL HIGH!
After a strong pump from the $0.1514 level, $ICX hit resistance at $0.1703 and is now struggling to hold above the $0.1690 zone. Multiple rejections and consolidation near the top suggest exhaustion in bullish momentum, with lower highs forming on the 15m chart.
Trade Setup (SHORT):
Entry Price: $0.1685 – $0.1695
Target 1: $0.1645
Target 2: $0.1600
Stop Loss: $0.1715
Why Short?
The chart shows a failed breakout at $0.1703 followed by bearish pressure and sideways price action. Volume is thinning out, and sellers are reclaiming control. A move below $0.1670 would confirm a breakdown toward lower support levels.
Risk Management Tip:
Set tight SL above $0.1715. Trail stop once price breaks $0.1650 for risk-free continuation.
Sell smart — don’t chase green candles when the trend is turning red!
Buy and Trade here on $ICX
buy and trade here on $ICX
