$ICP — ngl, the cleanest read is that it is one rejection away from a cleaner short. You could argue the price just needs a slight bounce to recover, but the visible structure inside the descending channel is telling a different story. Multiple upper wick rejections at recent resistance, coupled with weaker momentum on the shorter timeframes, makes the downward trend feel more earned than an interim pause.

ICPUSDT SHORT
IN 2.887 - 2.901
OUT 2.916
TP 2.872 · 2.854 · 2.831

The map is useful only while the invalidation remains intact.

#Futures