๐
$ICP /USDT โ Long Setup (Daily Timeframe)
Market Context:
ICP has printed a strong bullish reaction from the local demand zone after a prolonged downtrend. Todayโs impulsive candle with rising volume suggests buyers are stepping in, indicating a potential trend reversal or corrective move to the upside.
๐ Long Entry Zone:
Entry: 3.35 โ 3.45
๐ฏ Targets:
Target 1: 3.90
Target 2: 4.60
Target 3: 5.80
๐ Stop Loss:
Stop Loss: 3.15
(A daily close below this level invalidates the setup)
๐ Key Levels to Watch:
Support: 3.20 โ 3.30
Mid Resistance: 3.90 โ 4.00
Major Resistance / Supply Zone: 5.70 โ 5.90
๐ Technical Outlook:
Bullish rejection from demand
Momentum shifting in favor of buyers
Break and hold above 3.50 could accelerate price toward higher resistance levels
Risk Management:
Scale out profits at each target and move stop loss to breakeven after Target 1 is secured.
โ ๏ธ Not financial advice. Trade with proper risk management.
If you want, I can also:
Tighten this into a short Telegram/X post
Adjust levels for scalp / swing
Reformat exactly to your BTC/USDT script style
