SHORT SETUP – $ICNT USDT Perp 📉⚠️
Trading at $0.3865
📉 BEARISH BREAKDOWN IN PROGRESS
· Price below all MAs:
MA(7) 0.4432
MA(25) 0.4564
MA(99) 0.4215
· Testing 24h Low: 0.3852 – critical breakdown level.
· Mark Price: 0.3869 – aligned, minimal premium.
🎯 TRADE PLAN
· Short Entry: 0.3865 – 0.3900
· Stop Loss: 0.4000 (above recent resistance)
· Targets:
TP1: 0.3800
TP2: 0.3700
TP3: 0.3600
📊 VOLUME & STRUCTURE
· Volume elevated – selling pressure active.
· Downtrend from 0.5474 remains intact.
Monitor break below $0.3852 for confirmation.
Trade with caution & tight stops.
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