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【$ICNT Signal】Short squeeze continues, volume and price resonance breakouts
$ICNT price breaks through the recent oscillation upper boundary at 0.406 (phenomenon), 4H level trading volume and open interest expand synchronously, buy-side dominance (fund verification), the short squeeze trend driven by major funds is established (conclusion). The price continues to rise in a negative funding rate environment, increasing passive short liquidation pressure. After retracing to the EMA20 (0.404) on the 1H level, it rebounds quickly, with solid support below.
🎯 Direction: Long
⚡ Entry: 0.410 - 0.415
🛑 Stop Loss: 0.390
🚀 Target: 0.449 / 0.473
🛡️ Strategy: Reduce half of the position at Target 1, move the remaining position to breakeven.
View real-time chart 👇 $ICNT
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