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ICP / USDT – 15m timeframe

#SouthKoreaSeizedBTCLoss $BTC #StrategyBTCPurchase $BNB

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📉 Market Structure

Clear downtrend: lower highs, lower lows

Price just made a new intraday low at 3.227

Current price 3.234 = very weak bounce, no strength yet

This is trend-following bearish, not a pullback in an uptrend.

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🔀 Moving Averages

MA(7): 3.244 → price below

MA(25): 3.261 → strong dynamic resistance

MA(99): 3.322 → trend-defining resistance, sloping down

👉 All MAs above price + bearish alignment

👉 Any move up = sell-the-rally zone

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🧱 Key Levels

Support

3.227 – 3.220 → current demand (very fragile)

3.18 – 3.15 → next downside if this breaks

Resistance

3.245 – 3.26 (MA7 + MA25 zone)

3.30 – 3.32 → major trend resistance (MA99)

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📊 Volume Insight

No strong bullish volume on the bounce

Sellers still in control

This looks more like pause → continuation, not reversal

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🧠 Scenarios

🔴 Bearish continuation (high probability)

Lose 3.22

Targets: 3.18 → 3.12

Valid while price stays below 3.26

🟢 Relief bounce (counter-trend scalp only)

Needs clean break & close above 3.26

Target: 3.30 – 3.32

Still not bullish unless 3.32 flips to support

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🎯 Trading Bias

❌ Avoid blind longs

✅ Shorts safer on rejection near 3.25–3.26

Spot buyers: only consider deep support, not here

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Simple Verdict

This is weak structure + bearish trend.

Right now ICP is:

Either forming a bear flag

Or waiting for another flush lower

If you want, tell me:

Spot or futures

Already holding or looking for entry

I’ll give you a clear trade plan (entry, SL, TP) 🎯