【$ICNT Signal】Pullback to Long + 1H Level Retraces EMA50 Support

$ICNT The 1H level is currently retracing the key EMA50 support. The price has fallen from the high of 0.40, which is a healthy profit-taking move. The 4H level remains in an upward channel, with trading volume stable and no signs of large-scale capital outflows. Negative funding rates suggest continued bearish pressure, and the pullback presents an opportunity.

🎯Direction: Long

⚡Entry/Order: 0.3558 - 0.3615

🛑Stop Loss: 0.3480

🚀Target 1: 0.3800

🚀Target 2: 0.3950

🛡️Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, move the stop loss up to 0.3750 to seek greater gains.

(Depth Logic: The 1-hour RSI is approaching the neutral zone at 50, indicating momentum is recovering. Order book data shows a large accumulation of buy orders below 0.3600, forming a strong support. The 4-hour price remains above the key moving average, and the overall upward structure remains intact. Negative funding rates combined with stable open interest suggest potential short squeeze opportunities. The pullback to the main cost zone is an ideal sniper entry point. )

View real-time market 👇 $ICNT

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