$ICP /USDT – Bullish Reversal & Continuation Setup
Market Structure:
ICP formed a clear pullback into the demand zone around 3.05–3.10 and reacted strongly with an impulsive bullish candle. This move indicates buyers stepping in after accumulation, suggesting a short-term trend reversal and potential continuation to the upside.
Long Entry:
Entry Zone: 3.18 – 3.22
Targets:
TP1: 3.30
TP2: 3.38
TP3: 3.50
Stop Loss:
SL: 3.05 (below demand & recent swing low)
Key Levels:
Support: 3.05 – 3.10
Immediate Resistance: 3.30
Major Resistance: 3.38 / 3.50
Outlook:
As long as price holds above the 3.10 demand zone, bullish continuation remains valid. A strong close above 3.30 can confirm momentum expansion toward higher resistance levels.
