$ICP

ICP
ICP
3.047
-6.01%

Comprehensive #ICP/USDT Analysis — #Spot

🔹 Current Price: 3.13

🔹 Timeframe: Daily

🔹 Overall Trend: Downward, but signs of a rebound from a strong low have emerged.

🔍 Technical Analysis

The price formed a clear bottom at 2.75 with positive bounce candles.

Trading is still below the 25-period and 99-period moving averages → The overall trend has not yet fully reversed.

The 7-period moving average at 2.99 has been broken, the first short-term bullish signal.

Trading volume has improved with the bounce → speculative liquidity is entering.

📈 Key Technical Levels

Strong Support:

2.75 (Major Low)

2.90 (Minor Support)

Nearby Resistances:

3.30

3.55

3.90

🎯 Recommendation #SpotOnly

✅ Entry: From the current zone of 3.05 – 3.15

🎯 Targets:

Target 1: 3.30

Target 2: 3.55

Target 3: 3.90

🛑 Stop Loss:

Daily close below 2.85

🧠 Conclusion

ICP has reached strong consolidation zones after a prolonged decline, and the current rebound is supported by good trading volume. The current spot trading is suitable, provided that stop-loss orders and proper money management are followed.