📈 **ICP/USDT Conservative Setup** 📈
**Technical Analysis:**
ICP is currently in a consolidation phase on the 4-hour chart, with the price consolidating below the key EMA(99) moving average (approximately 3.181 USDT). The core of this setup is to patiently wait for a clear bullish confirmation signal. A safe strategy is to wait for the price to decisively close above the EMA(99) resistance level, which may indicate a pause in the current downtrend and the beginning of a new upward move. Until this confirmation is obtained, caution should be exercised.
**Trading Plan:**
- **Entry (after confirmation):** 3.20 USDT (wait for the price to break through EMA(99) and successfully retest this level as support)
- **Target 1:** 3.50 USDT
- **Target 2:** 4.00 USDT
- **Stop Loss:** 3.05 USDT
**Invalidation Condition:** If the price fails to break through and instead closes below 3.00 USDT, this bullish bias will be invalidated.
