$ICNT USDT Perp | Future Short Position Trade BEARISH REVERSAL AT MA(99) 📉
Entry Zone: 0.3930 - 0.3980
Stop Loss: Above 0.4040
Targets: 0.3820 → 0.3770 → 0.3700
$ICNT USDT Perp Why Short?
· Price rejected from MA(99) at 0.3915 (now resistance)
· Down -7.15% with selling pressure
· MA(7) & MA(25) converging below MA(99) – bearish alignment forming
· Strong rejection from 24h High 0.4266
Key Levels
Resistance: 0.3980 - 0.4040
Support: 0.3820 - 0.3770
Risk: Medium | Leverage: Use cautiously
Resistance holds.
Short on bounce toward MA zone.
Always use a stop loss! ⚠️