🔴 $ICP SHORT SETUP — SELLERS IN CONTROL! 📉
I'm opening a SHORT on $ICP
in the current resistance zone.
🎯 Entry: $2.6020 – $2.6177
✅ Take Profit Targets:
- TP1: $2.5145
- TP2: $2.4132
- TP3: $2.3211
🛑 Stop Loss: $2.6957
Why SHORT?
- 1H chart showing rejection at resistance.
- RSI at 70, indicating strong overbought conditions.
- Funding rate at +0.010%, suggesting crowded long positions.
- Sellers are defending this resistance zone.
I'm watching for downside continuation toward the targets. 📉
⚠️ Wait for confirmation and manage risk carefully. DYOR. NFA.
#ICP #PEARL #ETH #BinanceSquare #CryptoTrading
I'm opening a SHORT on $ICP
in the current resistance zone.
🎯 Entry: $2.6020 – $2.6177
✅ Take Profit Targets:
- TP1: $2.5145
- TP2: $2.4132
- TP3: $2.3211
🛑 Stop Loss: $2.6957
Why SHORT?
- 1H chart showing rejection at resistance.
- RSI at 70, indicating strong overbought conditions.
- Funding rate at +0.010%, suggesting crowded long positions.
- Sellers are defending this resistance zone.
I'm watching for downside continuation toward the targets. 📉
⚠️ Wait for confirmation and manage risk carefully. DYOR. NFA.
#ICP #PEARL #ETH #BinanceSquare #CryptoTrading
