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【$ICNT Signal】Short | Volume Breakout Downward
$ICNT is experiencing a volume breakout downward, with a daily decline of over 21%. Combined with high open interest, this presents a typical short squeeze collapse.
🎯 Direction: Short (Short)
🎯 Entry: 0.360 - 0.370
🛑 Stop Loss: 0.395 ( Rigid stop loss, breaking this level invalidates the downward structure )
🚀 Target 1: 0.320
🚀 Target 2: 0.285
$ICNT Price has plummeted along with a high amount of open contracts, which is a strong bearish signal. Market logic suggests a short squeeze or main players offloading, with continuous selling pressure and weak buying support. The price has broken away from the main support zone, with no significant demand zone below, and downward momentum is likely to continue.
Trade 👇 $ICNT
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