🧬 $ICNT /USDT – Explosive Breakout, but Now Cooling Off!

💰 Current Price: $0.3016 (+24.94%)

📊 24h Range: $0.2389 – $0.3306

🔵 MA(20): ~$0.2494

📈 Volume Spike: Momentum-backed push, but signs of initial profit-taking

📉 Chart Overview:

• Strong vertical move broke above $0.2741 resistance.

• Now pulling back from the top ($0.3306) — forming early consolidation.

• Trading well above the MA(20) — still bullish bias unless $0.274 breaks.

• Volume decreasing slightly — healthy if it holds above previous support.

🔥 Momentum Snapshot:

• ✅ High volume breakout

• ⚠️ Some early selling pressure (long wick at top)

• 📉 Minor retracement ongoing — watch for bullish continuation or deeper pullback

🔍 Key Price Levels:

• Resistance: $0.3148 / $0.3306

• Support: $0.2900 / $0.2740 / $0.2530

💡 Opinion – Setup Suggestion

📈 Long Setup (buy-the-dip idea):

• Entry Zone: $0.2890–$0.2940 (support area)

• Stop Loss: $0.2730 (break below structure)

• TP1: $0.3148

• TP2: $0.3300

• TP3: $0.3450

Look for bullish engulfing or flag breakout near support to confirm re-entry.

⚠️ DYOR – ICNT has shown strong momentum, but volume is tapering slightly. Wait for confirmation around $0.29–$0.30. If it breaks $0.273 cleanly, deeper retrace likely.

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