$ICP 🚨 REJECTION CONFIRMED — DON’T FALL FOR THE FAKEOUT
$ICP continues to print lower highs, and price is getting rejected cleanly at the descending trendline resistance. Bears are still in control. Any longs here are counter-trend and high risk.
📉 Market Structure
• Lower highs intact
• Descending resistance holding
• No confirmation of trend reversal yet
📌 Key Levels to Watch
• Bullish confirmation: Clean break + retest above 4.60
• Bearish trigger: Loss of 3.30 support opens the door to a sharp continuation lower
⚠️ Trade Guidance
• No entry yet — patience is the trade
• Chasing price here is a classic liquidity trap
• Let structure flip before committing capital
📊 Bias
• Below 4.60 → bearish / corrective bounces only
• Above 4.60 with acceptance → trend shift possible
Trend is your friend… until it bends.
Are you buying the fake move — or waiting for confirmation? 👀🔥
