🚨$ICNT dumping hard😱next stop could be 0.36–0.35 zone. Don’t FOMO😱
ICNT just took a heavy dump (-11%+) and is now trading around 0.4388.
🔴 Key Observation
Price has broken down from the previous support near 0.45
Strong bearish momentum after rejection around 0.55
Sellers clearly in control on lower timeframes
📍 Important Levels
Current support: 0.43
Next major support: 0.36 – 0.35 (marked zone 👆)
Resistance: 0.48 – 0.50
📊 What This Means
As long as price stays below 0.45, the trend remains bearish
A weak bounce is possible, but no confirmation of reversal yet
If 0.43 fails, expect a liquidity sweep toward 0.36
⚠️ Trade Smart
Avoid catching falling knives
Wait for support confirmation or bullish structure
Risk management is key in volatile moves like this
🧠 Market Sentiment: Bearish → Cautious
📉 Bias: Short-term downside continuation unless support holds
$ICNT
#icnt