🔥 $ICP calms down after a strong surge, let's analyze it 👇

After the recent explosive movement, $ICP entered a downward correction channel, which is a natural correction and not a negative break. The price is holding onto a strong demand area between 3.00 – 2.95 where buyers previously appeared.

The RSI indicator has exited the overbought territory and returned to balanced levels, which means the market is recharging momentum.

📌 Staying above support could push the price towards 3.19 then 3.37, and with a breakout of the channel upwards, the most significant resistance is at 3.50 – 3.52.

⚠️ Failing to reclaim and stay above 3.00 weakens the scenario. Risk management first

ICP

3.088

+2.86%