$ICP /USDT is feeling the heat right now — and the chart tells a tense story
ICP is trading at $3.475, down 4.66% on the day, after getting rejected near the $3.70 high. Sellers stepped in hard, dragging price to a $3.407 low before buyers showed some fight. Since then, price has been grinding sideways, trying to breathe again.
On the lower timeframe, ICP is stuck between pressure and hope. The short-term MA(7) and MA(25) are hugging price around $3.47, showing indecision, while the long-term MA(99) near $3.54 still looms above — a clear reminder that the broader trend is not friendly yet. Volume sits around 4.05M ICP, enough to keep volatility alive but not enough to spark a full reversal.
Momentum feels fragile. Bulls are defending the current zone, but any weakness could send ICP back toward $3.40 support. On the flip side, a clean push above $3.50–$3.54 could flip the mood fast and open the door for a recovery move.
Right now, ICP is at a crossroads — fear below, opportunity above. The next candles decide whether this dip turns into a bounce… or another breakdown
