ICP is testing a bearish swing after a fresh high break, momentum turning sharply lower.
🔴 $ICP SHORT 📉
Entry $3.2657-$3.2723 | SL $3.3671 (-3.0%) | TP1 $3.2200 (+1.5%) | TP2 $3.1056 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke on a clear CHoCH, CVD showed sellers absorbing volume, and a FVG aligns with an order block. The overlap of the OB and FVG creates a POI that reinforces the short bias.
A 3.0% stop is relatively tight, so keep leverage at or below 5x.
Take half profit around the first target as price approaches the initial FVG edge.
Not financial advice — always manage your own risk 🙏
$ICP #ICPUSDT #Ethereum #TradingSignals #Write2Earn
🔴 $ICP SHORT 📉
Entry $3.2657-$3.2723 | SL $3.3671 (-3.0%) | TP1 $3.2200 (+1.5%) | TP2 $3.1056 (+5.0%) | R/R 1:1.7 | Conf 64%
The market structure broke on a clear CHoCH, CVD showed sellers absorbing volume, and a FVG aligns with an order block. The overlap of the OB and FVG creates a POI that reinforces the short bias.
A 3.0% stop is relatively tight, so keep leverage at or below 5x.
Take half profit around the first target as price approaches the initial FVG edge.
Not financial advice — always manage your own risk 🙏
$ICP #ICPUSDT #Ethereum #TradingSignals #Write2Earn