$ICP #XRPLProposalBlocksFlashLoans Based on the TradingView chart provided for ICP/USDT on the 5-minute interval, here is a quick scalp setup extracting the key levels indicated by your support and resistance bands:
📈 Action: Buy/Long at CMP
Current Market Price (CMP): 2.676
🎯 Take Profit (TP) Targets
The upper green zone represents the immediate local resistance area.
TP1 (Conservative): 2.730 (The lower boundary of the green resistance band)
TP2 (Aggressive): 2.745 (The upper boundary of the green resistance band)
🛑 Stop Loss (SL)
The lower red/purple zone represents major local support. To allow the trade room to breathe while managing risk tightly for a scalp, place your stop just below this zone.
Stop Loss: 2.610 (Just beneath the support floor)
Scalper's Note: Since this is a lower-timeframe (5m) scalp, keep a close eye on the price action as it approaches the 2.700 psychological level. If volume tapers off, trailing your stop loss up to secure profits early is highly recommended.