$ICP looks soft here.

The 1H structure rolled over after the 2.533 rejection, and now price is sitting right on the day low. That is usually not where I want to force a long unless I see a proper reclaim first.

My take:

wait for recovery, don’t catch the falling move

Trigger above: 2.428

Targets: 2.455 / 2.486

Risk below: 2.409

Right now sellers still have the cleaner control. If 2.409 cracks, this can extend lower before any decent bounce shows up.

ICP
ICP
2.432
-0.12%