ICON / TetherUS
Updated

ICX/USDT Upward Momentum ??? The second pump is coming!

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๐Ÿ’Ž ICX has undoubtedly piqued our interest. Recently, ICX managed to break free from the consolidation phase and also surpassed the supply zone. This ascent was marked by a significant upward surge, bypassing the initial need for a retesting phase.

๐Ÿ’Ž However, ICX faced a stern rejection at the supply zone ranging from $0.210 to $0.216. It's plausible that ICX might retreat for a retesting phase, eyeing the Demand level at $0.188 or the lower timeframe (LTF) demand at $0.185.

๐Ÿ’Ž Upon reaching this demand zone, it's crucial for ICX to rally, crafting a bullish rejection candle to signal readiness for a resurgence and another attempt at breaching the supply zone.

๐Ÿ’Ž However, there's a downside risk. If ICX reaches the demand zone but fails to forge a rejection candle, instead crumbling through the demand level, it could spell a bearish phase for ICX. This scenario could potentially drive the price further down toward a robust support level, or even as low as the key support threshold.





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Another win! #ICX up 19.53%, as forecasted!

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