⚠️ $ICP / USDT – Rejection at 4H Supply
$ICP is showing signs of exhaustion near the 2.41 zone, with the broader daily trend still bearish. Lower timeframe RSI is flashing overbought conditions, hinting that momentum may be rolling over.
📉 Trade Plan (SHORT)
📍 Entry Zone: 2.397324 – 2.412518
🛑 Stop Loss: 2.450505
🎯 Targets:
TP1: 2.359337
TP2: 2.344143
TP3: 2.313754
🔎 Why This Setup?
Daily structure remains bearish
Clear rejection near 4H supply around 2.41
Overbought RSI on lower timeframes
Risk-to-reward favors downside toward 2.34–2.31 liquidity
🧠 The Debate
Is this the final liquidity grab before a flush to 2.34,
or will buyers defend and squeeze shorts?
Watch for strong bearish confirmation (volume + rejection candles) before committing.
Trade smart. Manage risk.
#CPIWatch #WhaleDeRiskETH #USRetailSalesMissForecast #GoldSilverRally #USTechFundFlows
