$ICP USDT BEARISH SHORT-TERM SETUP
Technical Outlook:
ICP is showing signs of weakness after a recent pullback from key resistance levels. The formation of lower highs and lower lows indicates bearish pressure. Selling volume is slightly increasing near resistance, suggesting that the current downtrend may continue toward the next support zones.
Short Entry:
Enter on a confirmed break below immediate support.
Take Profit Targets:
TP1: Minor support zone
TP2: Intermediate support level
TP3: Major support extension
Stop Loss:
SL above the recent resistance to limit potential losses.
Risk Management:
Keep positions small, use strict stop losses, scale out at profit targets, and avoid emotional trading in volatile conditions.
