$ICX /USDT – Rejection at Resistance! Short Setup Active! 🔻
$ICX rallied back into the key supply zone after breaking out of a falling wedge, but failed to hold above resistance near $0.1274. Price is showing signs of rejection, making this a clean short opportunity.
📉 Short Trade Setup (Futures):
Entry Zone: $0.1245 – $0.1265
TP1: $0.1210
TP2: $0.1190
TP3: $0.1174
Stop Loss: $0.1275
⚠️ Market Insight: Price is retesting the previous support turned resistance zone, with no follow-through on bullish momentum. If sellers step in here, the downside can accelerate quickly.
💡 Pro Tip: If price starts closing below $0.1235 on the 1H, hold for deeper targets. Momentum favors the short side for now!
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