ICP is sliding 4% lower, punching through the 4‑hour swing low and testing the 3‑day moving average. Momentum is turning bearish as the price hugs the recent supply zone.
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🔴 $ICP SHORT 📉
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📍 Entry Range: $2.5474 – $2.5525
🛑 Stop Loss: $2.6265 (-3.0%)
🎯 TP1: $2.5117 (+1.5%)
🏆 TP2: $2.4225 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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The CHoCH on the 4‑hour chart flipped the structure and the CVD turned negative, confirming the shift. A fair value gap sits right on top of a bearish order block, giving us a POI where the OB and FVG overlap, so the confluence is solid.
A 3.0% stop is fairly tight on this swing, so keep leverage around 2‑3x to protect equity.
Take half profit at the first target around 1.7 R to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ICP #ICPUSDT #INIT #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $ICP SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $2.5474 – $2.5525
🛑 Stop Loss: $2.6265 (-3.0%)
🎯 TP1: $2.5117 (+1.5%)
🏆 TP2: $2.4225 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
The CHoCH on the 4‑hour chart flipped the structure and the CVD turned negative, confirming the shift. A fair value gap sits right on top of a bearish order block, giving us a POI where the OB and FVG overlap, so the confluence is solid.
A 3.0% stop is fairly tight on this swing, so keep leverage around 2‑3x to protect equity.
Take half profit at the first target around 1.7 R to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ICP #ICPUSDT #INIT #TradingSignals #Write2Earn