📉 $ICX /USDT – BEARISH BREAKDOWN IMMINENT 🚨

$ICX is showing signs of continued weakness as price struggles below key moving averages and breaks down toward lower support zones.

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🔍 TECHNICAL ANALYSIS

📌 Current Price: $0.1317

📉 Trend: Bearish

💡 Indicators:

MA(7): 0.1316 (Just under current price – weak short-term support)

MA(25): 0.1345

MA(99): 0.1385 (Heavy resistance above)

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🧱 KEY LEVELS

📉 Resistance:

$0.1345 – Short-term resistance (MA25)

$0.1385 – Strong resistance (MA99 / psychological level)

📈 Support:

$0.1300 – Immediate support (weak)

$0.1250 – Key downside target/support

$0.1180 – Major support zone

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💥 TRADE SETUP – SHORT ENTRY

🔽 Entry: $0.1310 – $0.1325 (on weak retest)

🎯 Targets (TP):

TP1: $0.1280

TP2: $0.1250

TP3: $0.1180

🛑 Stop Loss (SL): $0.1355 (above 25MA & last structure)

⏳ Risk-Reward Ratio: ~1:2.5 – Favorable for short sellers!

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⚠️ RISK MANAGEMENT

Use 2% or less of your trading capital on this setup. Always respect your SL and adjust position size accordingly. Trade with discipline. 📊💼

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🚨 SUMMARY: Momentum is fading and indicators align with bearish continuation. Watch for breakdown confirmation below $0.1300 and react accordingly.

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