$ICX /USDT SHORT TRADE SIGNAL – BEARISH REVERSAL FORMING AFTER FAILED BREAKOUT!
$ICX has dropped back to $0.1480 after touching a high of $0.1582, failing to sustain above resistance. The 30-minute chart shows a strong rejection candle near the peak, followed by lower highs and increasing sell volume. This sharp rejection suggests a bull trap, and if price loses the $0.1460 support, a deeper correction could unfold.
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SHORT TRADE SETUP:
Entry Zone: $0.1485 – $0.1500
Target 1: $0.1440
Target 2: $0.1390
Stop Loss: $0.1535
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MARKET OUTLOOK:
After a massive rally, $ICX is now showing early signs of exhaustion. The current price action indicates a distribution phase with bearish engulfing setups. If price breaks below $0.1460, downside momentum could accelerate. Bears should look to take control as long as price remains under the $0.1500–$0.1530 resistance area.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the momentum before it fades — profits favor the fearless!
