ICP shows explosive growth to $4.45 (+26.58% in 24 hours). But RSI(6) on the daily chart = 85! — extreme overbought condition.
What we see:
• Price sharply broke through all EMAs.
• Volume increased to $22.75M USDC — there is interest.
• Resistance — $4.82 (24h high), support — $4.0.
What is this?
1. Strong recovery begins after the drops 🚀
2. Classic pump before dump 📉
3. FOMO on news/announcements
What are your actions with ICP?
• Taking profit — RSI is spiking
• Waiting for pullback to $4.0 to buy
• Bought on breakout, holding
• Ignoring — project with bad reputation
Write: do you believe in ICP's revival or is it a one-time event? 👇
ICPUSDT
Perp
4.263
+2.45%