ICNT has finally broken out of the major resistance zone after multiple rejections. Price is now retesting the breakout area, and if this retest holds, ICNT can pump sharply from here.
This is a classic breakout–retest setup, and momentum is currently strong on the 4H timeframe. A clean retest + bullish candle = continuation toward higher targets.
Overall structure remains bullish as long as price stays above the breakout zone.
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*ICNT Quick Update*
ICNT has finally broken out of the major resistance zone after multiple rejections.
Price is now retesting the breakout area, and if this retest holds, ICNT can pump sharply from here.
This is a classic breakout–retest setup, and momentum is currently strong on the 4H timeframe.
A clean retest + bullish candle = continuation toward higher targets.
Overall structure remains bullish as long as price stays above the breakout zone.