🟢 $ICP / USDT (Long Opportunity)
I’m keeping a close eye on Internet Computer (ICP) as it hits a critical juncture on the charts. Here is the setup:
⚡ The Strategy
Direction: BUY (Long)
Entry Price: Current Market Price (CMP)
Target: 3.35 (Lower High Resistance)
Stop Loss (SL): 2.6
🔍 Why am I entering here?
Confluence of Support: ICP is currently sitting at a Major Support Zone on both the H4 and D1 timeframes. This area has historically shown strong buying interest.
Mean Reversion: After a period of pressure, an upward correction toward the previous lower high at 3.35 is highly probable.
Risk-to-Reward: The downside risk is clearly defined at 2.6, making this a mathematically sound trade for a potential bounce.
⚠️ Risk Warning
NFA: This is not financial advice.
DYOR: Always do your own research before entering any trade.
Risk Management: Use proper position sizing. Only risk what you can afford to lose.
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