đŒ $ICP just surged 14% to $3.46, and the next move could get interesting!
Internet Computer has broken above a descending triangle pattern that kept its price under pressure for weeks. Now, bigger traders are stepping in, with whale activity increasing across spot and futures markets.
đ„ Around 65% of futures positions are LONG, showing strong bullish sentiment. But be careful: crowded long positions can also trigger sharp liquidations if momentum suddenly fades.
The next major target? $4.097! If ICP holds above its breakout zone and buying pressure continues, a move toward $4.10 could be possible. đ
However, losing key EMA support could weaken the rally and trigger another pullback.
Will ICP reach $4.10 next, or will sellers ruin the party? đ
Internet Computer has broken above a descending triangle pattern that kept its price under pressure for weeks. Now, bigger traders are stepping in, with whale activity increasing across spot and futures markets.
đ„ Around 65% of futures positions are LONG, showing strong bullish sentiment. But be careful: crowded long positions can also trigger sharp liquidations if momentum suddenly fades.
The next major target? $4.097! If ICP holds above its breakout zone and buying pressure continues, a move toward $4.10 could be possible. đ
However, losing key EMA support could weaken the rally and trigger another pullback.
Will ICP reach $4.10 next, or will sellers ruin the party? đ