ICP isn’t a coin to dismiss right now, but around 3.160, the market is already testing whether holders will take profits. It’s up 6.11% over 24 hours, with roughly $7.67 million in trading volume. The market signals point to both a volume-backed rally and profit-taking at elevated levels. The message is clear: money is coming in, but some traders are also using the rebound to offload their positions. There’s no sufficiently strong new catalyst in the news, and I wouldn’t use prediction articles as a reason to trade; I’m only watching to see whether the price confirms the move. Open the $ICP token page and first check whether the 1h candle can close above 3.100, then see whether the sell orders around 3.200 keep building. If trading volume falls back to around $5 million, the rally’s staying power deserves a discount. In similar past rallies on high volume, chasing the end of a green candle has often put traders in a worse position than waiting for a pullback. My conclusion is simple: only a volume-backed move above 3.200 opens up more room; if the price falls back below 3.000, treat it as a failed rebound for now—there’s no need to argue with the order book.