$ICX is currently in a bullish market structure, trading at 0.1277 USDT.
It is approaching the resistance level of 0.1282 USDT, which could trigger a potential breakout.
A pullback entry around the support level of 0.1228 USDT may offer a favorable risk-reward ratio.
With an RSI of 75.21, overbought conditions could pose risks, especially with Bitcoin's volatility and macroeconomic factors influencing market sentiment.
Traders should remain cautious and vigilant for sudden shifts in momentum.
