$ICP

BEARISH SETUP ALERT โš ๏ธ๐Ÿ“‰ | WEAK MOMENTUM BELOW KEY MOVING AVERAGES.

$ICP is struggling to hold above the $4.65 level, facing continuous rejection near the MA(7) at $4.79, indicating potential downside pressure. The price remains below the 25-day moving average ($8.31) โ€” showing overall bearish market sentiment.

๐Ÿ“Š Key Levels:

Current Price: $4.65

Resistance: $4.80 / $5.10

Support: $4.48 / $4.30 / $4.00

๐Ÿ’ฃ Trade Setup (SHORT ENTRY):

Entry Zone: $4.65 โ€“ $4.75

Target 1 (TP1): $4.48 โœ…

Target 2 (TP2): $4.30 ๐Ÿ’ฅ

Target 3 (TP3): $4.00 ๐Ÿ”ป

Stop Loss (SL): $4.82 ๐Ÿšซ

๐Ÿ’ผ Risk Management:

Risk only 2%โ€“3% per trade. Use a tight SL and partial profit booking at TP1. If momentum flips bullish, exit early to protect capital โ€” remember, capital preservation beats revenge trading! ๐Ÿง ๐Ÿ’ฐ

ICP
ICP
2.353
+0.98%
DOGE
DOGE
0.09102
+0.39%
SHIB
SHIB
0.0โ‚…597
+1.70%

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