📉 $ICP – Short Trade Setup

$ICP printed a strong rejection from the 3.77 zone and has been making consistent lower highs since then. The recent bounce attempts are weak and volume is fading, which clearly shows buyers are losing strength. Price is now consolidating below key resistance, forming a bearish continuation structure.

As long as $ICP stays below the 3.62–3.65 zone, the downside remains the higher-probability move.

Short Entries:

• 3.56

• 3.60

Take Profit Targets:

• TP1: 100%

• TP2: 200%

• TP3: 300%

Stop Loss:

• 3.70

More updates coming — stay sharp, Bears. 🐻

ICPUSDT

Perp

3.44

-1.88%