$ICNT /USDT – 4H Trade Setup

Market Insight:

$ICNT is under significant selling pressure, currently trading at $0.2699, down -15.07% in the last 24 hours. It broke below key support zones, with bearish MACD signals (DIF: -0.0099 < DEA: -0.0082) and SAR sitting above price at 0.2837, confirming a short-term downtrend.

Entry Zone:

$0.2620 – $0.2690 (look for signs of stabilization or bullish divergence here)

Targets:

$0.2758 – Previous minor resistance / lower high

$0.2891 – Mid-range supply

$0.3024 – Strong resistance and former breakdown level

Stop Loss:

$0.2580 (below recent swing low to limit risk)

Key Levels:

Support: $0.2655 / $0.2620

Resistance: $0.2758 / $0.2891 / $0.3024

SAR: 0.2837 (bearish)

MACD: Bearish momentum building, but watch for a potential slowing near $0.2620

Pro Tip:

Wait for a bullish engulfing or a volume-backed bounce in the entry zone before initiating long exposure. If price closes back above $0.2758 on strong volume, momentum may shift favorably.

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