$ICP is pushing higher on the 1H chart after bouncing from the $2.32-$2.38 demand zone. Price is now around $2.51, but the move is approaching a major overhead supply area around $2.62-$2.72.
A rejection from that zone could send #ICP back toward the $2.32-$2.38 area, which is the key level I’d watch for another reaction. If buyers manage to break and hold above $2.75, the current bearish setup would need to be reconsidered.
The cleaner opportunity may come after the pullback rather than chasing the current move. I’d be watching how price reacts around the marked demand zone before looking for a lower-timeframe entry.
#Altcoin Season# #Crypto
A rejection from that zone could send #ICP back toward the $2.32-$2.38 area, which is the key level I’d watch for another reaction. If buyers manage to break and hold above $2.75, the current bearish setup would need to be reconsidered.
The cleaner opportunity may come after the pullback rather than chasing the current move. I’d be watching how price reacts around the marked demand zone before looking for a lower-timeframe entry.
#Altcoin Season# #Crypto
