ICX is currently trading at $0.1481, showing a slight intraday drop of 1.79%. The 24-hour range is $0.1544 (high) to $0.1473 (low), with selling pressure visible after failing to hold above $0.1540
Key Observations:
Short-term trend:Bearish, as multiple red candles indicate sellers dominating after the recent peak of $0.1544.
Support zone: Around $0.1470, which has been tested recently.
Resistance zone:$0.1515 $0.1540. A breakout above this could trigger bullish momentum.
Volume: Moderate with 8.5M ICX traded in the last 24h.
Market Sentiment:
Despite today's dip (2.18%), ICX remains positive in the bigger picture, up +11.52% over 7 days and +43.09% over 90 days showing strong medium-term momentum.
ICX is facing short-term pressure, trading at $0.1481 after a failed attempt to hold $0.1540. Watch $0.1470 as key support a bounce could push ICX back above $0.1515. Despite today’s dip, ICX remains bullish in the medium term (+43% in 90 days).
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