$ICP is showing a classic "mean reversion" setup on the 15m chart. After hitting a local peak of 4.82, price aggressively pulled back to test the EMA 99 (purple line) near 4.17.

​The logic? We’ve seen a sharp rejection of the highs, but the long-term trend remains intact as long as we hold above that purple baseline. I’m looking for a support bounce here. If it stabilizes, a relief rally back toward the 4.53 area is likely. Watch for buyers to step in.

ICPUSDT

Perp

4.175

-4.70%