$ICP - SHORT Setup
Entry: 4.285 – 4.290
Target 1: 4.200
Target 2: 4.100
Stop Loss: 4.330
My View:
Price is showing strong rejection from the 24h high after a significant weekly rally (+32.36%) and is now consolidating with negative momentum. The bounce appears weak, and the order book shows substantial Ask volume building just above the current price. This suggests distribution and profit-taking after the run, making a pullback to test lower support the highest probability move.
Bias: Bearish below 4.287. Bullish above 4.330.
Disclaimer: My plan. Not advice. Trade your own risk.
ICPUSDT
دائم
3.282
+0.03%