$ICP /USDT LONG TRADE SETUP
$ICP is trading at 2.35, currently testing a critical historical demand zone between 2.30 and 2.34. While the broader market sentiment is cautious, high trading volumes and an oversold RSI (below 30) suggest a potential short-term relief bounce from this floor. If bulls can maintain this level, we may see a recovery toward previous pivot points.
Target Points
TP1: 2.44 (Initial Fibonacci resistance)
TP2: 2.60 (Key structural breakout level)
TP3: 2.85 (Major short-term supply zone)
Stop Loss
Set stop loss below 2.28 to limit downside risk in case of a breakdown below the current daily range.
Buy and Trade here on $ICP
ICPUSDT
Perp
2.347
-0.67%