$ICP – BEARISH PULLBACK IN PLAY
After an explosive rally, $ICP is showing exhaustion near the $5.80 resistance zone. Multiple rejection wicks and fading volume hint at a potential short-term correction before any fresh leg up. If price fails to hold above $5.50, bears could regain control for a deeper retracement toward earlier support levels.
Trade Setup:
• Entry Range: $5.55 – $5.65
• Target 1: $5.25
• Target 2: $5.05
• Target 3: $4.77
• Stop Loss (SL): $5.82
Market Outlook:
Momentum is cooling, and short-term bias turns bearish as long as $5.80 remains unbroken. Watch for confirmation candles before continuation.
