Trade setup 🎯$ICP

​Entry Zone: 4.250 – 4.350

​Targets:

​TP1: 4.550

​TP2: 4.820

​TP3: 5.150

​Stop-Loss: 4.050

​Analysis

​After a massive "God candle" sprint towards the 4.822 mark, $ICP decided to pull over at a rest stop. We’ve seen a healthy cooling-off period where the bears tried to push the price down, but the bulls are clearly holding the line.

​The price is currently dancing right on top of the MA(25) (the pink line), showing that the trend hasn't been broken—it’s just catching its breath. Look at those lower wicks near the 4.10 – 4.20 zone; that’s the sound of "smart money" quietly scooping up the dips. We aren't seeing a crash; we are seeing a re-accumulation phase where the weak hands sell and the strong hands build their bags for the next leg up.

​Outlook

​As long as ICP stays cozy above the 4.08 support level, the bullish dream is very much alive. A solid hourly close above 4.40 will likely act as the "go-signal," igniting a fast move back to challenge the 4.80 resistance.

​However, if we lose the 4.05 floor, the party is officially over for now, and the setup would need a total reset. Keep your eyes on the volume—once it spikes, ICP is ready to fly again! #BinanceAlphaAlert #icp #MarketRebound $ICP

ICP
ICP
4.049
-6.96%