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$ICNT surged 40% in a day, not a bull market return, but the final hell ticket sent by the manipulator. From 0.1623 to 0.2518 in 24 hours, with a trading volume of $360 million, but do you know why more people lost their shirts? Because they only saw the increase, not the 10% pullback from 0.2518 to 0.2359 — that's the standard scythe script of first pumping, then dumping. Data speaks: before this surge, ICNT was consolidating around 0.15 for two consecutive weeks, with obvious accumulation by the manipulator. Today's sudden 40% volume surge saw retail investors chasing in at an average cost above 0.24, while institutions already set up positions at 0.16. Now, it's a rhythm of pumping while distributing.
You think a 40% surge means stability? Naive. Look at on-chain data: the proportion of large sell orders has jumped from 20% in the morning to 55% now. Smart money has already exited. Don't talk to me about fundamentals. This round of ICNT's surge is purely driven by a KOL revaluation narrative, but the project hasn't released any substantive bullish news yet. This is purely a game of capital gaming. Your only operational advice if you enter now: go light with a small position, never exceed 5% of your total investment, set a stop-loss at 0.22, and run immediately if it breaks; take profit around 0.25, don't be greedy. The manipulator is pumping just to find bag holders — chasing highs makes you the exit liquidity.
Vote in the comments: Will ICNT end up in the green or red tonight? I bet the manipulator will repeatedly wash out positions between 0.22 and 0.25, then smash it back to 0.18 next week. If you disagree, come argue. Don't play dead.