They’re calling a bottom… but structure still leans heavy. 👀

$ICP /USDT – SHORT Setup

Entry: 2.3235 – 2.3424

Stop Loss: 2.3896

TP1: 2.2763

TP2: 2.2574

TP3: 2.2197

Why this setup?

• Daily trend remains clearly bearish (lower highs / lower lows)

• Price compressing near 4H supply around 2.33

• RSI neutral — not oversold, leaving room for downside

• Breakdown below local support opens path toward 2.27 liquidity pocket

ICP
ICP
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As long as price stays below 2.39, downside continuation remains the higher-probability scenario. A reclaim above that level would invalidate the bearish structure short term.

Debate:

Is this distribution before another leg down… or a classic bear trap before reversal?

Protect capital first. Let confirmation lead, not emotion.