$ICP USDT Short-term decline setup
Technical outlook:
ICP shows signs of weakness after a recent decline from key resistance levels. The formation of lower highs and lower lows indicates downward pressure. Selling volume is slightly increasing near resistance, suggesting that the current downward trend may continue towards the next support areas.
Short entry:
Enter on a confirmed break below immediate support.
Take profit targets:
TP1: Small support area
TP2: Medium support level
TP3: Extension of major support
Stop loss:
SL above the last resistance to minimize potential losses.
Risk management:
Keep positions small, use a strict stop loss, scale at profit targets, and avoid emotional trading in volatile conditions.
