⏳ ICNT/USDT: correction as an opportunity, not a threat
After a confident rise, ICNT entered a deep correction and is now trading in a key zone between EMA21 and EMA50. Selling pressure is weakening, and indicators are increasingly signaling: the market may be preparing for a reversal. This is precisely the phase where smart money begins to accumulate positions.
🔍 Brief overview of indicators:
RSI (40.4) — close to oversold, potential for a bounce is forming
Stochastic (6.7) — strong oversold condition, classic reversal signal
MACD (-0.0058) — bearish, but the downward momentum is fading
📈 Trading plan
Main scenario: Long
The correction appears mature; with retention of the EMA zone, we expect a recovery in the uptrend.
🎯 Targets:
0.5100 — +3.5%
0.5300 — +8.5%
0.5500 — +12.2%
📍 Entries:
Conservative: retest and hold of EMA21 (≈0.4950)
Aggressive: confirmed breakout above 0.4920
🛑 Stop-loss: 0.4400 — below the key zone, protection against scenario breakdown
🧠 Conclusion
ICNT is in a phase where risk has already decreased and potential is beginning to outweigh it. Oversold conditions combined with weakening bearish momentum create favorable conditions for a bullish reversal. We follow the plan, manage risk, and don't rush — the market will show everything. 🚀
Trading 👉$ICNT
