$ICP Current trend: Clear downward trend (negative)
📝 Summary of technical indicators:
1. Volume analysis: The last four-hour candles show an increase in volume during the decline (from 3.447 to 3.31 USDT), confirming selling pressure. The last candle has weak volume, indicating potential exhaustion of sellers—but there is still no clear reversal.
2. Capital flow: Net flow in contracts over the last 24 hours is -5.45M USDT, and in spot -1.23M USDT — continuous selling. Short flows (5m–1h) show slight inflow, but larger flows (4h–24h) are all outflows, reinforcing the downward trend.
⚡⚡ Conclusion:
Trend of $ICP: Sell cautiously (negative)
The trend is clearly downward, but selling saturation could provide a slight rebound. Nevertheless, the overall momentum remains downward.
📍 Entry timing:
Consider opening a short position at any rebound towards resistance areas, especially near 3.536667 USDT or 3.473333 USDT.
Do not chase the bottom.
🗑️ Stop loss: 3.65 USDT
💰 Target: 3.166667 USDT (support) or lower
