🚀 ICP Bullish Pullback: Structure Holding for Next Leg Up!
Internet Computer ($ICP
) is showing strong resilience. After a powerful impulse move from $3.22 to a local high of $4.82, the price is now healthily consolidating above the EMA(25) on the 1H timeframe.
As long as we hold the $4.15 – $4.20 demand zone, the path of least resistance remains to the upside.
📊 Trade Setup: ICP/USDT (Perp)
Entry Zone: $4.20 – $4.35
Target 1: $4.55 (Initial Resistance)
Target 2: $4.82 (Local High)
Target 3: $5.20 (Extension Target)
Stop Loss: $3.98 (Below structural support)
🔍 Market Insight
The trend is firmly bullish following the +10.4% daily surge. We are looking for a "reload" at these levels. A break below $3.98 would invalidate this setup, suggesting a deeper correction; otherwise, expect a continuation toward the previous highs.
Trade smart and manage your risk! ⚡
By: Nabiha Noor
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