$ICP ๐ฌ Can ICP reclaim the $3 level?
Conditional trading plan
๐ข Entry zone: 2.82โ2.85 USDT
๐ฏ First target: 2.956 USDT
๐ฏ Second target: 3.107 USDT
๐ Stop-loss: 2.72 USDT
โก Entry condition: Wait for a test of support near 2.81, then for an hourly candle to close above 2.84 with improving trading volume. The setup is invalidated if support breaks and the price continues below it.
๐ Technical analysis: The daily RSI is at 41.6, and the 4-hour RSI is at 39.3. The short-term trend is bearish despite positive signals on the daily timeframe. The first resistance is 2.956, and the next support is $2.732. Volatility is high, so donโt buy without confirmation.
Conditional trading plan
๐ข Entry zone: 2.82โ2.85 USDT
๐ฏ First target: 2.956 USDT
๐ฏ Second target: 3.107 USDT
๐ Stop-loss: 2.72 USDT
โก Entry condition: Wait for a test of support near 2.81, then for an hourly candle to close above 2.84 with improving trading volume. The setup is invalidated if support breaks and the price continues below it.
๐ Technical analysis: The daily RSI is at 41.6, and the 4-hour RSI is at 39.3. The short-term trend is bearish despite positive signals on the daily timeframe. The first resistance is 2.956, and the next support is $2.732. Volatility is high, so donโt buy without confirmation.