$ICX /USDT BEARISH BREAKDOWN IMMINENT! šŸšØšŸ“‰

Current Price: $0.1646

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šŸ” TECHNICAL ANALYSIS

The price of $ICX is showing signs of bearish momentum after failing to sustain above resistance levels and currently trading below key moving averages.

MA(7): 0.1639 āœ…

MA(25): 0.1670 āŒ

MA(99): 0.1708 āŒ

šŸ“‰ Price is trading below all major moving averages, indicating increasing downward pressure.

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šŸ“Œ KEY LEVELS

Resistance:

šŸ”¼ $0.1670 (short-term)

šŸ”¼ $0.1708 (major resistance - MA99)

Support:

šŸ”½ $0.1628 (near-term support)

šŸ”½ $0.1600 (strong psychological support)

šŸ”½ $0.1570 (next major level if breakdown continues)

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šŸ’„ TRADE SETUP — SHORT ENTRY

Entry: $0.1640 - $0.1655 (after a weak bounce or candle confirmation below resistance)

Stop Loss (SL): $0.1685 (above MA25 and recent high zone)

Take Profit (TP):

šŸŽÆ TP1: $

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