⚠️ Market Update: $ICP Faces Sharp Long Liquidation

$ICP just recorded a $5.54K long liquidation at $6.30, signaling a bearish pullback after a strong recent run.

The coin hit a high near $6.58 before sellers stepped in, forcing price back toward $6.30 support.

📊 Key Levels

• Resistance: $6.45 / $6.60

• Support: $6.20 / $6.00

🎯 Trade Setup (Example)

• Entry: $6.25

• Stop Loss: $6.00

• TP1: $6.45

• TP2: $6.60

• TP3: $6.85

💡 Market Insight

This liquidation shows overleveraged longs getting flushed as bulls lose short-term control.

If $ICP holds above $6.20, a rebound is possible but a drop below $6.00 could invite deeper downside.

Caution is key; wait for confirmation before buying the dip.

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ICP

3.201

+2.62%