$ICNT Signal】Pullback to Long + 1H Level Support Confirmation



$ICNT The 1H level is currently testing support in a critical zone for confirmation. The price has fallen from the high point to below the 1-hour moving average, but the 4-hour upward trend structure remains intact. Current depth shows strong buy orders around 0.3460, which is a typical strong coin pullback and shakeout pattern.

🎯Direction: Long (Pullback Entry)

⚡Entry/Order: 0.3430 - 0.3465

🛑Stop Loss: 0.3360

🚀Target 1: 0.3650

🚀Target 2: 0.3800

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position's stop loss up to the entry price. If the price strongly breaks through 0.3650 and stabilizes, move the remaining stop loss up to 0.3580 to aim for the second target.

Depth Logic: Position volume remains stable during the price pullback, with no signs of large-scale capital outflow, indicating that the main players have not exited. The 1-hour RSI has entered oversold territory, suggesting a technical rebound is needed. Market depth shows dense buy orders in the 0.3460 to 0.3450 range below, forming a short-term strong support. Combined with negative funding rates, there is a risk of short squeeze. Once buying momentum kicks in, the rebound could be rapid.

View real-time market 👇 $ICNT

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我在Gate广场过新年 #GateforAI重磅上线
ICNT-12,24%
BTC-4,14%
ETH-4,54%
SOL-4,55%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin