♾️ $ICP — Testing the Trendline That Could Change the Structure! 👀📈
$ICP is approaching the descending resistance line extended from the 2024 high, after months of trading near the Base zone.
🔑 What we're watching:
A clear weekly close above the trendline, followed by a Successful Retest to confirm the breakout.
📌 Reclaiming the local resistance at $4.40 could strengthen the Reversal scenario, followed by the next resistance zones:
🎯 $4.80–$6.00
🎯 $8.50–$10
🎯 $14–$16
🎯 $20–$22 — previous all-time high zone
And the move shown on the chart toward $21 represents roughly +538% from the referenced price, but this remains a conditional scenario and not a guaranteed or time-bound target.
⚠️ In case of rejection from the trendline, the $2.10–$3.00 zone remains the key Base area.
👀 Will $ICP be able to convert the Descending Resistance into Support?
$ICP is approaching the descending resistance line extended from the 2024 high, after months of trading near the Base zone.
🔑 What we're watching:
A clear weekly close above the trendline, followed by a Successful Retest to confirm the breakout.
📌 Reclaiming the local resistance at $4.40 could strengthen the Reversal scenario, followed by the next resistance zones:
🎯 $4.80–$6.00
🎯 $8.50–$10
🎯 $14–$16
🎯 $20–$22 — previous all-time high zone
And the move shown on the chart toward $21 represents roughly +538% from the referenced price, but this remains a conditional scenario and not a guaranteed or time-bound target.
⚠️ In case of rejection from the trendline, the $2.10–$3.00 zone remains the key Base area.
👀 Will $ICP be able to convert the Descending Resistance into Support?
