ICP is hammering lower after the recent rally, testing the 4.20 zone with bearish pressure.
🔴 $ICP SHORT 📉
Entry → $3.1109-$3.1171
Stop → $3.2074 (-3.0%)
TP1 → $3.0673 (+1.5%)
TP2 → $2.9583 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character broke the bullish swing, and the CVD turned negative confirming the sell‑off. The fair value gap from the 4.35‑4.40 range aligns with a strong order block, creating a point of interest where the OB and FVG overlap, while a liquidity sweep wiped the 4.45 swing high. Market structure now points down, making the short entry well‑supported by the confluence.
A 3.0% stop is relatively tight for a short on this volatility, so 5‑10x leverage is appropriate.
Take half profit at the first target around 4.00 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ICP #ICPUSDT #septembercpiwatch #TradingSignals #Write2Earn
🔴 $ICP SHORT 📉
Entry → $3.1109-$3.1171
Stop → $3.2074 (-3.0%)
TP1 → $3.0673 (+1.5%)
TP2 → $2.9583 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear change of character broke the bullish swing, and the CVD turned negative confirming the sell‑off. The fair value gap from the 4.35‑4.40 range aligns with a strong order block, creating a point of interest where the OB and FVG overlap, while a liquidity sweep wiped the 4.45 swing high. Market structure now points down, making the short entry well‑supported by the confluence.
A 3.0% stop is relatively tight for a short on this volatility, so 5‑10x leverage is appropriate.
Take half profit at the first target around 4.00 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ICP #ICPUSDT #septembercpiwatch #TradingSignals #Write2Earn