๐จ $ICP REJECTING SUPPLY: SHORT ZONE 2.52โ2.59 SETS UP LIQUIDITY DRAINS ๐
Entry: 2.52 โ 2.59 โก
Target: 2.49 / 2.42 / 2.35 ๐
Stop Loss: 2.67 โ ๏ธ
๐ $ICP is trading into a supply band where sellers have repeatedly defended higher prints, with 2.52โ2.59 marking the short-side pivot and 2.67 as invalidation.
๐ If momentum stalls, the path of least resistance favors liquidity below 2.49, 2.42, then 2.35.
๐ก This is a structured mean-reversion short, not a blind fade, with targets aligned to prior demand pockets. ๐ฌ Are you shorting the reclaim or waiting for a sweep above 2.67 first?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ICP #ShortSetup #Liquidity #Crypto
๐ป ๐
Entry: 2.52 โ 2.59 โก
Target: 2.49 / 2.42 / 2.35 ๐
Stop Loss: 2.67 โ ๏ธ
๐ $ICP is trading into a supply band where sellers have repeatedly defended higher prints, with 2.52โ2.59 marking the short-side pivot and 2.67 as invalidation.
๐ If momentum stalls, the path of least resistance favors liquidity below 2.49, 2.42, then 2.35.
๐ก This is a structured mean-reversion short, not a blind fade, with targets aligned to prior demand pockets. ๐ฌ Are you shorting the reclaim or waiting for a sweep above 2.67 first?
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ICP #ShortSetup #Liquidity #Crypto
๐ป ๐
