๐Ÿ‘‡

$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. Todayโ€™s impulsive candle with rising volume suggests buyers are stepping in, indicating a potential trend reversal or corrective move to the upside.

๐Ÿ“Œ Long Entry Zone:

Entry: 3.35 โ€“ 3.45

๐ŸŽฏ Targets:

Target 1: 3.90

Target 2: 4.60

Target 3: 5.80

๐Ÿ›‘ Stop Loss:

Stop Loss: 3.15

(A daily close below this level invalidates the setup)

๐Ÿ”‘ 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

๐Ÿ“ˆ 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.

โš ๏ธ Not financial advice. Trade with proper risk management.

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