$ICNT — SHORT 🔻
Entry: 0.4320 – 0.4380 🟥
Stop Loss: 0.4450 🛑
Targets:
🎯 0.4240
🎯 0.4160
🎯 0.4050 🔥
Why this setup?
• Sharp breakout failed to hold → pullback rejection forming ⛔
• Upside momentum cooling fast, follow-through looks weak
• Buyers look stretched after the spike, sellers stepping back in ⚔️
• Clean structure for a fade back into prior demand ⚖️
Flow read:
This feels like a classic breakout trap → mean reversion move.
If price can’t reclaim above the entry zone, downside should accelerate.
Question:
Is this distribution after the breakout
Trade the structure. Let the market talk.