【$ICNT Signal】Short squeeze continues, buying support after 1H breaks upper band

$ICNT 1H RSI 87.66 in overbought zone, Bollinger upper band 0.2345 tested multiple times, sell depth -9.47% but price hasn't pulled back. 4H MACD bullish bar continues expanding, negative funding rate -0.1406% combined with stable OI, shorts underwater waiting for squeeze.
🎯Direction: long
⚡Entry/Limit order: 0.232899 - 0.233600
🛑Stop loss: 0.231264
🚀Target 1: 0.237104
🚀Target 2: 0.238856
🛡️Trade management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
1H volume started shrinking after 10:00, but buying still supports the high. Negative funding rate means shorts must pay funding costs, if price rises further it will trigger stop orders. Calmly observe whether 0.2336 can hold steady, this is the short-term bullish/bearish dividing line.
Check real-time quotes 👇 $ICNT
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