$ICP 1H Market Update: Bears Still in Control Key Levels to Watch
$ICP continues to trade with a bearish bias, and the next likely move is a liquidity sweep below 2.149. If buyers step in after that sweep and print a strong bullish reversal, it could offer a high-probability long setup targeting 2.180 and 2.198, with a stop-loss below the manipulation wick.
If price rallies first but gets rejected around 2.180 after filling the imbalance, that rejection may provide an attractive short opportunity targeting 2.145 and 2.130, with a stop-loss above the rejection swing high.
The broader outlook remains bearish until $ICP decisively reclaims and holds above the 2.1955 equilibrium level. A sustained breakout above that zone would signal a potential shift in momentum and open the door for further upside.
#ICP #Crypto #Altcoins #CryptoTrading #TechnicalAnalysis
$ICP continues to trade with a bearish bias, and the next likely move is a liquidity sweep below 2.149. If buyers step in after that sweep and print a strong bullish reversal, it could offer a high-probability long setup targeting 2.180 and 2.198, with a stop-loss below the manipulation wick.
If price rallies first but gets rejected around 2.180 after filling the imbalance, that rejection may provide an attractive short opportunity targeting 2.145 and 2.130, with a stop-loss above the rejection swing high.
The broader outlook remains bearish until $ICP decisively reclaims and holds above the 2.1955 equilibrium level. A sustained breakout above that zone would signal a potential shift in momentum and open the door for further upside.
#ICP #Crypto #Altcoins #CryptoTrading #TechnicalAnalysis