$ICP is trading at 2.370, down 2.19% over 24 hours, in a range of 2.336 to 2.439. The short-term chart shows a sharp drop from about 2.43 to a low near 2.337. Price then bounced back to around 2.37 and has been moving sideways there. It is still below the MA60 (2.391), so the short-term trend remains weak. The bigger picture is bearish: -3.70% over 7 days, -24.90% over 30 days, -23.55% over 180 days and -70.08% over 1 year. The 90-day change is +6.18%, which suggests the coin has been bouncing off a base near 2.23. The order book is bid-heavy (62.21% buy vs 37.79% sell), which points to some support, but volume has faded since the spike during the drop. Support is at 2.336, and the first resistance is the MA60 near 2.39 to 2.40. A hold above 2.336 favors a range, while a break below it could extend the decline.
