$ICNT is stabilizing after the sharp drop from the 0.4800 zone and price is now holding above the 0.3479 reaction low. I’m watching this area closely because sellers pushed aggressively but follow-through selling failed near the lows which signals exhaustion. The 15m candles are now compressing into a tight base with small bodies showing that selling pressure has slowed and buyers are starting to defend this zone.
Here my full setup from this chart.
Entry Point
0.385 – 0.360
Target Point
TP1: 0.402
TP2: 0.428
TP3: 0.458
Stop Loss
0.342
It’s possible because every dip near the 0.36 area is getting absorbed quickly and the candles are showing reduced downside momentum after the breakdown. If ICNT stays above the 0.3479 support zone the move toward 0.402 becomes the natural first step before momentum attempts a deeper recovery toward the prior range.
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ICNTUSDT
Perp
0.4005
+8.92%
