๐จ$ICP USDT at $5.35 โ Can it Hold the Line Before the Next Leg Up?
Price: $5.35
24h Volume: $274,486,579
24h Change: โ0.77%
Market Cap: $2,890,285,745
Circulating Supply: 540,721,704 (also the max supply)
ICP Trading Setup (Cautious Long)
Entry Zones
Entry 1: $5.10 โ $5.40 (near current price)
Entry 2: $4.80 โ $5.05 (deeper pullback support)
Targets
Target 1: $5.90
Target 2: $6.35
Target 3: $7.10
Stop-Loss: $4.55
Summary
ICP is showing soft performance today, down ~0.8% but still holding a major market-cap position. Technical indicators are currently bearish: The asset is rated as a โStrong Sellโ on many moving averages and momentum metrics.
This means while potential upside exists (via the targets above), significant risk remains unless support at ~$5.00โ5.10 zone holds. A drop below ~$4.55 could open a deeper correction. Conversely, a rebound with strong volume could validate the attempt toward ~$6+.
#ICP #ICPCoin #MarketPullback #TrumpBitcoinEmpire #BinanceSquareFamily