$ICP: Dead Cat Bounce or Bullish Reversal? 🚀

$ICP is showing signs of life after a brutal sell-off, currently trading around $2.80. While the recent price action might tempt some to call it a dead cat bounce, key on-chain metrics suggest potential for a short-term bullish reversal. Increased buying pressure and decreasing circulating supply could fuel a rally. However, caution is advised – this remains a high-risk play. Keep a close eye on volume and resistance levels. 📉

#ICP #Crypto #Altcoins #Bullish 📈

ICPUSDT

Perp

2.964

-1.33%