$ICE โ Bullish Momentum Intact! ๐
ICE Open Network ($ICE) is showing strong bullish momentum, currently trading at $0.01223, up 10% in 24 hours. The price recently hit a high of $0.0131, signaling ongoing demand and potential for further upside.
๐น Key Observations:
Support Levels: $0.0116 and $0.0099
Resistance Levels: $0.0133 and $0.0140
Moving Averages:
7 MA ($0.0119) โ Price holding above this short-term trend line, confirming the uptrend.
50 MA ($0.0107) โ A strong support level indicating trend continuation.
100 MA ($0.0095) โ The long-term support, far below, confirming bullish strength.
๐ Bullish Scenario:
A break above $0.0133 could push ICE towards $0.0145-$0.0150, as momentum remains strong.
Sustained buying volume is supporting the rally.
โ ๏ธ Risk Management:
Key Support: If price dips, watch for bounces around $0.0116 to maintain bullish momentum.
Stop-Loss Suggestion: A break below $0.0110 could indicate a short-term retracement.
๐ฎ Prediction:
ICE remains in a strong uptrend, with bulls controlling the price action. Watch for a breakout above $0.0133, which could send it towards new highs. ๐
