$ICNT Market Structure
Strong bullish structure on 1H
Expansion phase but extended
Price holding above EMA50 and EMA200
RSI overbought zone showing strong but stretched momentum
Bullish crossover above zero confirming strength
High and Bottom
Recent High: 0.4975
Major Bottom: 0.4331
Current Price Area: 0.49 zone
Support and Resistance
Immediate Resistance: 0.4975
Psychological Resistance: 0.5000
Extension Resistance: 0.5250 – 0.5500
Immediate Support: 0.4737
Secondary Support: 0.4693
Major Support: 0.4331
Breakout Entry
Condition: 1H close above 0.5000
Entry Zone: 0.5000+
Take Profit
TP1: 0.5250
TP2: 0.5500
Stop Loss: 0.4820
Pullback Entry
Condition: Bullish reaction at 0.4730 – 0.4750 zone
Entry Zone: 0.4730 – 0.4750
Take Profit
TP1: 0.4975
TP2: 0.5200
Stop Loss: 0.4650
$ICNT
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