2026-01-04 17:24:40

ICNT's recent movement is indeed quite aggressive. It is now stuck at 0.4930 and has broken through, with a 24-hour decline of over 7 percentage points, and the entire technical outlook is bearish.

Can you clearly see the EMA arrangement? It's all bearish momentum. The MACD has already formed a death cross, and the histogram is still heading downward, with no signs of a rebound in the short term. The STOCHRSI has not yet bottomed out, so the probability of continuing to move downward under these conditions is quite high.

From a trend perspective, all current signals point in one direction. If you have plans to buy in the short term, the current technical conditions are indeed favorable. The key is to stick to your stop-loss, as market changes are rapid, and there's no need to fight the trend.

ICNT1,32%

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PanicSeller

· 01-04 17:51

A death cross is a clear sign of bad news. This wave of ICNT is indeed very fierce. Good job setting stop-loss, bro. Don't be greedy.

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LadderToolGuy

· 01-04 17:49

The death cross has appeared, so things are really uncertain now. I'm also watching the ICNT level; breaking 0.49 is definitely not a good sign. If it breaks out of the pattern, so be it. Anyway, I set my stop-loss early, so there's nothing to fear. This EMA arrangement... Sometimes, the most comfortable-looking charts are the ones that can most easily cut the leeks. Don't be too superstitious about indicators. STOCHRSI hasn't bottomed out? Then keep falling. Anyway, bottoms are made by falling, not by predicting. A short-term short might be okay, but really, don't be greedy. The market can reverse at any moment and ruin you.

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TokenomicsDetective

· 01-04 17:42

Break below 0.493 and it will drop straight down; this wave is indeed quite fierce. The EMA alignment... I took a quick look, and it's as dead as it can be. The MACD death cross has already formed, making the short-term rebound probability really slim. Be sure to set your stop-loss levels properly and don't be greedy. The timing for short positions is still good, but this kind of decline can easily trigger a rebound, so be cautious.

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NftMetaversePainter

· 01-04 17:32

ngl the algorithmic patterns here are genuinely fascinating... death cross forming while ema divergence signals what i'd call a "computational surrender" of sorts. though tbh everyone obsessing over stochrsi bottom fishing misses the deeper topological implications of this liquidation cascade

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