$ICP /USDT
Is $ICP preparing for another collapse or did smart money just finish collecting liquidity under support?
The chart shows a brutal breakdown from the 2.75 rejection zone where sellers completely controlled momentum and crushed bullish structure candle after candle. Now price is stabilizing near 2.49 support with smaller bodies and fading sell volume which often signals exhaustion from aggressive bears. Liquidity sits above 2.52 and a breakout through that level could ignite a fast recovery push toward trapped short positions.
Entry Zone 2.50 to 2.53
Take Profit 2.61 then 2.68 then 2.75
Stop Loss below 2.47
Momentum is still weak but the market is trying to build a base after the sharp selloff. If buyers defend current support and volume expands on green candles this setup can flip violently to the upside. Risk remains controlled while upside potential opens wide once resistance breaks clean.
