$ICP
AI Analysis: $ICP/USDT
Entry Price: 3.61–3.71
Target Price:
- TP1: 3.84
- TP2: 3.98
- TP3: 4.12
Stop Loss Price: Below 3.48
Reasons for Buying:
1. Pattern Confirmation:
- Daily chart forms a "double bottom" reversal structure (neckline at 3.84), target price points to 4.12
2. Trend Structure:
- Weekly chart breaks the descending trend line, price above MA(50) 3.65
- RSI(14)=58, MACD red bars widening shows bullish dominance
3. Market Sentiment:
- "Panic Sell - Strong Support" combination appears in the 3.48 area
- Closed at 3.61 for 3 consecutive days (previous low + Fibonacci 38.2% retracement level)
4. Indicator Validation:
- OBV hits a new high for 2024, funds continue to flow in
- Futures open interest exceeds $1.2 billion, whale positions increase by 28%
This content is for reference only and should not be considered as investment advice.
