$ICPUSDT Futures Outlook — Bearish Bias
Current Price: ~3.10
Timeframe: 1D
Trend: Downtrend continuation
Trade Idea: Short (on pullback / rejection)
Entry Zone: 3.15 – 3.25
Take-Profit 1: 3.00
Take-Profit 2: 2.85
Take-Profit 3: 2.70
Stop-Loss: 3.40
Leverage (Suggested): 3–5x
Rationale:
ICPUSDT remains under strong bearish pressure after failing to hold above the 3.50–3.60 resistance zone. The daily market structure continues to print lower highs and lower lows, confirming trend continuation to the downside. Recent price action shows weak buying strength, with volume fading and candles closing near daily lows. Short-term moving averages are acting as dynamic resistance, limiting upside attempts. Any bounce toward the 3.15–3.25 area looks corrective rather than a trend reversal. As long as price stays below the 3.30–3.40 resistance band, further downside toward the 3.00 and 2.70 demand zones remains likely.
Risk-Management Note:
A strong daily close above 3.40 would invalidate the bearish setup. Trade with discipline and proper risk control.
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