$ICP saw a short liquidation near $4.635, signaling bullish absorption after sustained compression. Primary support is now positioned at $4.45–$4.52, a zone where buyers stepped in decisively during the squeeze. Holding above this region keeps the structure constructive. Immediate resistance stands at $4.85, followed by a stronger supply zone near $5.25. A confirmed reclaim above $4.85 would activate the next upside target at $5.80, with extension toward $6.40 if momentum builds. Failure to hold $4.45 would weaken structure and expose $4.10 as the next downside liquidity pocket. Overall setup favors continuation, but patience is required—best entries come from pullbacks or confirmed breakouts.
ICPUSDT
Perp
3.695
-2.76%