$ICNT Focus on the short side. Right now everyone is rushing to buy the dip—this could actually be a trap.

From the order book, the 4-hour short structure is still intact, and the daily trend remains bearish. Price is clearly being rejected in the 0.16789 to 0.16831 area. The 15-minute RSI is currently 45, which suggests there is still room for the bears to push further down, and it hasn’t become oversold. The volume/energy data also confirms the real sell pressure—this isn’t just noise.

For trading, you can look at an entry around 0.16789. Downside targets first to watch are 0.16660 and even 0.16408. Don’t go in too aggressively—make sure your defense level is placed at 0.17012, and watch the risk.