$ICP has delivered a strong impulsive breakout from its recent consolidation, pushing through the 3.45–3.50 resistance area with clear momentum. The move was clean and decisive, indicating aggressive buyers stepping in after a period of compression.
After the breakout, price is now hovering just below the local high near 3.60. The pullback so far is shallow, which shows strength — sellers are not able to drag price back into the prior range. As long as $ICP holds above the 3.45–3.48 zone, the structure remains bullish and favors continuation rather than a deep correction.
Multiple attempts by sellers to fade the move have failed, signaling short-term exhaustion on the downside. Acceptance above the breakout level keeps the bullish scalp bias intact. A loss of 3.45 would weaken this setup, but until that happens, continuation toward higher liquidity remains the higher-probability play.
Scalp Trade Plan
Long
Entry Zone: 3.48 – 3.42
TP1: 3.65
TP2: 3.75
Stop Loss: 3.32
Leverage: 20x – 40x
Margin: 2% – 5%
Risk Tip: Take partial profits at TP1 and move stop to entry
Long #ICP Here 👇👇👇
