📉 $ICNT

/USDT (Perp) Quick Overview

Metric Value

Last Price $0.3319

Mark Price $0.3324

24h Change -22.27% 🔻

24h High / Low $0.4270 / $0.2929

24h Vol (ICNT) 679.34M

24h Vol (USDT) $233.36M

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📊 Volume & Averages

Metric Value Commentary

Live Volume 3.82M Significant intraday trading

MA (5) 38.32M Very high average volume — possible panic

MA trend Falling Reflects intense sell-off pressure

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🔍 Support & Resistance Levels

Type Level Insight

🔼 Resistance $0.3452 Near current level — potential short squeeze

🔼 Resistance $0.3747 Recent breakdown level — major ceiling

🔼 Resistance $0.4042–0.427 Heavy liquidation zone

🟢 Current $0.3319 Hovering near intraday support

🔽 Support $0.3157 Minor bounce seen at this level

🔽 Strong Support $0.2929 24h low — key level to hold ⚠️

🚨 Breakdown $0.2861 If broken, opens room toward $0.25–0.27 zone

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📌 Technical Outlook

Factor Signal

📉 Trend Strongly Bearish 🔻

🔄 Volatility Extremely High ⚠️

📊 Momentum Oversold on short TFs

⚖️ Risk Profile Very High

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⚠️ Trade Scenarios

📈 Rebound Trade (High Risk)

Entry Zone: $0.315–$0.330

TP1: $0.345

TP2: $0.374

SL: Close below $0.290

💡 Only take this if BTC/ETH are rebounding and volume flips green.

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📉 Breakdown Trade

Watch for breakdown below $0.2929:

First target: $0.275

Second target: $0.25

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✅ Recommendation

Short-Term Traders:

Avoid chasing now — wait for confirmation candle.

Look for stabilization above $0.3452 to consider entry.

Holders/Investors:

ICNT just dropped >22% in 24 hours — avoid panic buying.

Look for sideways consolidation on the 4h chart before considering entry.

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