📉 $ICP ICP/USDT – Bearish Breakdown After Range Retest
Price has broken below the lower support of the sideways range and is now showing continuation signs. Sellers remain in full control.
🔽 SHORT Setup
📌 Entry Zone:
4.69 – 4.62
🎯 Targets:
TP1: 4.52
TP2: 4.40
TP3: 4.21
⛔ Stop Loss:
4.75 (Above range midpoint + failed breakout wick)
📍 Key Levels:
Major Resistance: 4.98
Range High: 4.90 – 5.00
Mid-Range Rejection: 4.85
Breakdown Support: 4.62
Next Demand Zone: 4.20 – 4.30
📉 Outlook:
ICP has broken the range support after multiple failed re-tests.
This clean breakdown suggests bearish continuation unless price reclaims 4.75.
