$ICNT /USDT – Bullish Continuation Setup
After a strong breakout from multi-month accumulation (~160+ days range), price is respecting the breakout base with controlled pullbacks and buyer defense. No clear distribution signs yet — momentum favors continuation if BTC stays supportive.
Current Context (as of mid-Jan 2026):
Trading around mid-0.40s to low-0.50s recently, with volatility. Holding above key structural support keeps the bullish case alive.
Entry Zone
Buy: 0.475 – 0.495 (tighter than original for better R:R, near recent bounce areas)
Targets (scaled & realistic)
TP1: 0.525 (~8–10% from entry) – first resistance / partial profit
TP2: 0.560 (~15–18%) – next major level
TP3: 0.610+ (~25–30%+) – extension toward previous highs / measured move
Invalidation / Stop Loss
SL: 0.445 (below recent swing low / breakout invalidation — ~7–8% risk from mid-entry)
Risk Management
Position size: 1–2% account risk max per trade
Use trailing stops after TP1
Watch BTC dominance & overall market — alt strength needed here
DYOR — crypto is high risk, not financial advice. Trade responsibly.
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