🚨 Whales are trapped and bleeding out—are you ready to ride their liquidation wave on $ICP
?
📉 Entry Price: $2.75 - $2.80 (Market Entry / Current Price Zone)
🎯 TP1: $3.10
🎯 TP2: $3.50
🎯 TP3: $4.00
🛑 Stop Loss: $2.48
📊 Reason: Looking at the whale overview metrics, a significant cluster of long whales are heavily underwater with an average entry price around $5.11, accumulating massive unrealized losses totaling over $5.6M. Meanwhile, short whales trapped around the $2.60 level are also starting to sweat as momentum shifts. With a high notional long/short ratio of 120.69% and overall market structure attempting a reversal, a sharp upward squeeze on these trapped long positions and cascading liquidations could trigger a powerful relief rally. Manage your risk tightly!
?
📉 Entry Price: $2.75 - $2.80 (Market Entry / Current Price Zone)
🎯 TP1: $3.10
🎯 TP2: $3.50
🎯 TP3: $4.00
🛑 Stop Loss: $2.48
📊 Reason: Looking at the whale overview metrics, a significant cluster of long whales are heavily underwater with an average entry price around $5.11, accumulating massive unrealized losses totaling over $5.6M. Meanwhile, short whales trapped around the $2.60 level are also starting to sweat as momentum shifts. With a high notional long/short ratio of 120.69% and overall market structure attempting a reversal, a sharp upward squeeze on these trapped long positions and cascading liquidations could trigger a powerful relief rally. Manage your risk tightly!
