$ICP is showing a classic bearish trap pattern, with lower highs and a descending trendline acting as strong resistance. Sellers are in control, and buyers are failing to push momentum. Jumping in now is risky—trend confirmation hasn’t arrived, and fake breakouts are likely.
Key Levels:
Resistance / Confirmation Zone: 4.6
Major Support: 3.3
Trade Plan:
❌ Longs: Not yet
✔️ Potential Entry: After a clean break & retest above 4.6
Stop Loss: Structure-based
Target: Step-by-step after trend confirmation
Bottom Line: Patient traders survive. Smart money waits for confirmation, not emotion. Don’t buy the trap—buy the confirmation. 🚀📈
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ICP
3.308
-4.55%