ICP is perched just below the 0.0450 resistance, bouncing off the 0.0425 support zone after a tight consolidation. Volume is thinning, hinting the next move could be decisive.
đ˘ $ICP LONG đ
Entry â $2.5854-$2.5906
Stop â $2.5104 (-3.0%)
TP1 â $2.6268 (+1.5%)
TP2 â $2.7174 (+5.0%)
R/R 1:1.7 ⢠Confidence 64%
The market structure broke lower highs (CHoCH) and the CVD turned bullish, while a fresh fair value gap sits right under the current price. An order block from the prior swing overlaps that gap, creating a strong POI confluence. The price is now testing that block, making a long entry logical.
A 3.0% stop is relatively tight, so a 5â6Ă leverage keeps risk per trade around 0.5% of the account.
Take partial profit at the first target around 0.0470 once price respects the order block.
DYOR â this isn't financial advice, size your risk accordingly đ
$ICP #ICPUSDT #INIT #TradingSignals #Write2Earn
đ˘ $ICP LONG đ
Entry â $2.5854-$2.5906
Stop â $2.5104 (-3.0%)
TP1 â $2.6268 (+1.5%)
TP2 â $2.7174 (+5.0%)
R/R 1:1.7 ⢠Confidence 64%
The market structure broke lower highs (CHoCH) and the CVD turned bullish, while a fresh fair value gap sits right under the current price. An order block from the prior swing overlaps that gap, creating a strong POI confluence. The price is now testing that block, making a long entry logical.
A 3.0% stop is relatively tight, so a 5â6Ă leverage keeps risk per trade around 0.5% of the account.
Take partial profit at the first target around 0.0470 once price respects the order block.
DYOR â this isn't financial advice, size your risk accordingly đ
$ICP #ICPUSDT #INIT #TradingSignals #Write2Earn