$ICP down 10.64% in 24 hours... but does volume support a continued crash? 📉
The price is at 3.074, and trading volume at 1.11x the average reflects genuine but not frantic selling pressure. The RSI on the 15-minute timeframe has entered deeply oversold territory, raising the likelihood of a near-term technical rebound.
The most likely scenario: a limited corrective rebound toward 3.15–3.20 to test the broken resistance before the direction is determined, provided the current low holds.
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$ICP
This content is not investment advice. Do your own research (DYOR).
The price is at 3.074, and trading volume at 1.11x the average reflects genuine but not frantic selling pressure. The RSI on the 15-minute timeframe has entered deeply oversold territory, raising the likelihood of a near-term technical rebound.
The most likely scenario: a limited corrective rebound toward 3.15–3.20 to test the broken resistance before the direction is determined, provided the current low holds.
Follow us for more detailed analysis and more opportunities 🎯
$ICP
This content is not investment advice. Do your own research (DYOR).