$ICP just flushed a heavy block of over-leveraged longs at $2.8982, a classic stop-hunt that usually appears right before a meaningful reversal. The dump was sharp and emotional, but notice how price is no longer accelerating downward. That tells us weak hands are out and stronger buyers are starting to absorb supply around this zone.
EP: $2.86 – $2.92
TP1: $3.05
TP2: $3.28
TP3: $3.62
SL: $2.72
If $2.86 holds as support, $ICP can transition from liquidation phase into a steady recovery leg, with momentum building toward the $3.30 and higher liquidity areas.
ICPUSDT
Perp
3.212
+0.81%