$ICNT /USDT — Bullish Breakout Setup!
A short liquidation ($4.17K at $0.5315) confirms sellers getting squeezed, often providing fuel for upside continuation. Price is holding firm above demand and pressing into resistance — a strong bullish posture.
Key Levels
Support: $0.515 – $0.525
Breakout Zone: $0.540 – $0.550
Resistance: $0.575 / $0.610
Trade Setup (Long)
Entry: Break & hold above $0.550 or buy pullbacks near $0.525–$0.532
Targets: $0.575 → $0.610 → $0.660
Stop Loss: Below $0.505
Market Sentiment Short pressure released, momentum clearly bullish. If price accepts above resistance with volume, continuation to higher levels is favored.
Confirmation first. Trade with disciplined risk management.
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