$ICP – Chart Update (4H)
Quick update on ICP after the recent pullback.
Price has now retraced back to a key support zone, aligning with:
• Previous horizontal support
• Rising trendline from the recent low
• A completed pullback after the impulsive move up
Structurally, this still looks like a higher low attempt rather than a full breakdown — but confirmation is needed.
🔍 What I’m watching:
• Hold above the current support → potential continuation
• Clean break below trendline → structure likely invalidated
• Volume + reaction at this zone will be key
I already caught part of the previous move, now patiently waiting to see if this area gives another opportunity or if price needs more time.
💬 Curious to hear your thoughts:
• Is this a buy-the-dip zone or just a dead-cat bounce?
• Any key levels or invalidation points you’re watching on ICP?
Not financial advice. Just sharing my view.
#ICP #ChartUpdate #TechnicalAnalysis #BinanceSquare
Quick update on ICP after the recent pullback.
Price has now retraced back to a key support zone, aligning with:
• Previous horizontal support
• Rising trendline from the recent low
• A completed pullback after the impulsive move up
Structurally, this still looks like a higher low attempt rather than a full breakdown — but confirmation is needed.
🔍 What I’m watching:
• Hold above the current support → potential continuation
• Clean break below trendline → structure likely invalidated
• Volume + reaction at this zone will be key
I already caught part of the previous move, now patiently waiting to see if this area gives another opportunity or if price needs more time.
💬 Curious to hear your thoughts:
• Is this a buy-the-dip zone or just a dead-cat bounce?
• Any key levels or invalidation points you’re watching on ICP?
Not financial advice. Just sharing my view.
#ICP #ChartUpdate #TechnicalAnalysis #BinanceSquare
