Technical analysis by vf_investment about Symbol ICX on 8/16/2025

hi Traders The price is currently consolidating inside a symmetrical triangle pattern, which is generally considered a neutral formation. This suggests that the market is waiting for a clear breakout direction before committing to a trend. 🔹 Bullish Scenario: If the price breaks out to the upside, the target would be around 0.193 USDT (approx. +43.86% from the breakout). 🔹 Bearish Scenario: If the price breaks down from the triangle, the target would be around 0.067 USDT (approx. -49.42% from the breakdown). 📌 Trading Plan: Wait for a confirmed breakout (daily close above resistance or below support). Avoid entering while the price remains inside the triangle since false breakouts are possible. The volume is very low now. Look for the volume surge at the breakout to avoid trading at the false breakout. Risk management is essential given the potential for large swings in either direction.