🔥 $ICP – Bullish Rally Pausing, Dip Buy Zone?
I’m seeing ICP just ripped 12%+ on huge volume — that 3.43 open candle was real fire, a true breakout, not a fakeout.
Right now, it’s in a healthy pullback: spot inflows are strong (retail stacking), contracts remain positive, but there’s some 4H profit-taking. Price action shows a classic reversal from ~2.89 lows, a pin bar with an upper wick at 3.49 resistance, but higher lows are holding. The 18% OI jump tells me smart money is stepping in.
My take: Cautious long – momentum play. Don’t chase; buy the dip.
Trade Setup: $ICP Long
Entry Zone: 3.25 – 3.29 (current dip)
DCA / Deeper Entry: 3.15 (strong support)
Stop-Loss: 3.04 (below support)
Target Points:
TP1: 3.69 (resistance)
TP2: 3.90
I’m trading this setup because ICP is showing strong bullish signals — MACD crossover and KDJ strength confirm momentum is still on the buy side. Entering near support provides a good risk-to-reward, and a deeper DCA layer lets me average in if the pullback continues.
This setup works because price structure shows higher lows, volume confirms accumulation, and smart money indicators (OI jump) suggest the rally could resume. Targets are aligned with resistance levels to maximize gains while keeping risk controlled.
I can also create a social media-ready version that’s punchy, grabs attention instantly, and still has all the trade details. Do you want me to do that?
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