ICX/USDT – Bullish Breakout Confirmed, Eyeing Higher Targets

Date: June 9, 2025

ICX/USDT has officially broken out of a key consolidation range and is now entering a new bullish phase. With momentum rising and volume supporting the move, the path of least resistance remains to the upside.

📊 Technical Overview:

Current Price: $0.1672

Key Support Zone: $0.1393

Resistance Levels:

Short-term: $0.3000

Mid-term: $0.4000

📈 Indicators:

RSI: At 76.50 – entering overbought territory, but confirms strong bullish momentum.

EMA Alignment: Price is well above all major EMAs (4, 50, 100, 200), confirming trend reversal and bullish structure.

📉 Volume:

A spike in volume confirms genuine interest behind the breakout. This is not a low-liquidity move, but a meaningful shift in market structure.

🔍 Chart Structure:

ICX broke through horizontal resistance with strong price action.

RSI has broken above the 70 mark, confirming bullish momentum.

Previous accumulation zone ($0.13–$0.14) now acts as strong support.

🎯 Upside Targets:

First Major Target: $0.3000 – previous significant resistance

Second Major Target: $0.4000 – historical supply zone from December highs

📉 Invalidation Zone:

A breakdown below $0.1393 would invalidate the current bullish setup and suggest a re-entry into consolidation.

Good Trading!!