🚀Here’s a complete technical analysis and trade signal for
$ICP /USDT:🚀💯
Current Overview
Price: $5.273 (+34.58%)
24h High / Low: $6.605 / $3.866
24h Volume: 6,605 ICP / 304.74M USDT
Market Type: Layer 1 Gainer – strong bullish momentum
Moving Averages:
MA7: 5.515 → short-term resistance
MA25: 5.104 → medium-term support
MA99: 3.997 → long-term support
Trend: Price above MA25 and MA99, slightly below MA7 → bullish with minor short-term resistance.
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Technical Analysis
1. Support Levels:
$5.10 → MA25, immediate support
$3.997 → MA99, strong long-term support
$4.50–4.70 → minor support zone from recent consolidation
2. Resistance Levels:
$5.515 → MA7, short-term resistance
$6.605 → 24h high, key resistance
$6.755 → next resistance from recent highs
3. Trend Indicators:
Price above MA25 & MA99 → confirmed bullish trend
Short-term pullbacks possible near MA7
High volatility → expect strong swings
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Trade Signal
Entry Zone: $5.20–$5.30 (near current price, above MA25)
Stop Loss: $4.90 (below MA25 support)
Take Profit Targets:
1. Target 1: $5.515 – MA7 resistance
2. Target 2: $6.605 – 24h high / breakout level
3. Target 3: $6.755 – extended bullish target
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Pro Tip
Scale entries instead of investing all at once to manage volatility.
Monitor price action near MA7 and $6.605 for breakout confirmation.
Use a trailing stop-loss after Target 1 to secure profits.
Look for re-entry opportunities near $5.10–$5.00 if price retraces.
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