$ICP market update

Current Price Action & Technical Context

ICP is trading near lower levels with price showing weakness and limited upside — RSI and bearish trend indicators suggest pressure in the short-term. 

• Key near-term support sits around lower pivot zones near current price ranges, while upside resistance is seen at recent moving averages. 

📊 Short-Term Market Structure

• Price remains in a downtrend on daily charts, with key moving averages overhead acting as resistance. 

• Technical indicators (RSI near oversold) imply ICP may be exhausted on the sell-side, possibly setting up for a relief bounce if support holds.

Bearish risks:

• Continued macro risk-off sentiment or breakdown below immediate support could extend selling pressure. 

This summary uses recent technical data and does not constitute financial advice — do your own research support/resistance list with price levels for ICP/USDT

ICP
ICP
2.509
+3.72%

#icp #icpusdt #icp