🔥 ICP/USDT: Consolidation before the breakout — getting ready for movement!
ICP/USDT continues to trade in a consolidation zone after the decline — the market is maturing for an impulse. Current price: 3.416 USDT (-1.92%). Indicators show a balance of power but lean towards a potential upward reversal.
🚨Key indicators (brief):
EMA21 — 3.392, EMA50 — 3.423, EMA99 — 3.458 — short-term below long-term, the trend is still weak.
MACD — no pronounced direction.
RSI6 — 59.8, RSI14 — 53.0 — moderate overbought conditions.
Stoch — 94.14 — deep overbought zone, a pullback is possible before growth.
📈Trading plan (main scenario — LONG):
We are waiting for a slight correction and a return of the price to growth.
🎯Targets:
3.471 (+1.6%)
3.581 (+4.8%)
3.692 (+8.1%)
➡️Entry points:
Conservatively: from support — 3.370
Aggressively: at market — 3.410
⛔️Stop-loss: 3.274 (below the local minimum)
The market is in an accumulation phase — these are good conditions for low risk and clear targets. Act according to the plan and control the volatility!
Spot trading 👉$ICP
Futures 👇
