๐ $ICP STRONG RECOVERY +4.48% WEEKLY! LAYER 1 BOUNCING ๐๐ฅ
$ICP showing SOLID recovery with +4.48% weekly and +3.63% today! This Layer 1/Layer 2 infrastructure powerhouse just bounced from $3.074 lows and testing $3.229 resistance. Building momentum for next leg!
๐ฐ TRADE SETUP
Entry Zone: $3.19 - $3.20 (Current Price)
Take Profit Targets:
๐ฏ TP1: $3.30 (+3%)
๐ฏ TP2: $3.50 (+10%)
๐ฏ TP3: $3.80 (+19%)
Stop Loss: $3.00 (-6%)
Risk/Reward: 1:3.2 โก
๐ TECHNICAL BREAKDOWN
โ STEADY WEEKLY RECOVERY - +4.48% building momentum
โ Intraday Strength - +3.63% today confirming trend
โ Volume Support - 2.92M ICP volume backing the move
โ V-Shaped Bounce - Clean recovery from $3.074 support
โ Layer 1 Infrastructure - Leading blockchain technology
โ Internet Computer - Revolutionary Web3 platform
โ Higher Lows Forming - Bullish structure developing
โ Strong Buy Pressure - 70.03% buy orders dominating book
Chart showing TEXTBOOK recovery pattern after capitulation! Price found strong support at $3.074 and bouncing with conviction - this is accumulation phase before next move! Current consolidation at $3.196 is perfect entry before continuation to retest $3.229 highs and beyond.
๐ฏ STRATEGY
This is a infrastructure recovery continuation play. ICP's steady +4.48% weekly recovery shows REAL buying interest returning to Layer 1 space. Current consolidation at $3.19-$3.20 is perfect entry as smart money accumulates. Internet Computer has massive tech fundamentals and Web3 narrative backing long-term growth!
โ ๏ธ Risk Management: Use stop at $3.00 below recent support. Risk only 2-3% on this setup. Take partial profits at each target. This has runner potential to $4.00+ as Layer 1 infrastructure narrative strengthens!
๐ TRADE NOW $ICP - Click above to enter!
What's your recovery target? Drop it! ๐๐
Who believes in Internet Computer? ๐๐ฅ