$ICP /USDT – Longs Liquidated Below $4.80!
ICP just experienced a long liquidation of $1.36K at $4.773, as price dropped below key support, catching bulls off guard and shifting the momentum to the downside.
📊 Current Price: $4.773
• 24H High: $4.820
• 24H Low: $4.750
📉 Market Structure:
• Breakdown below $4.80 triggering long liquidations
• Price forming a lower high – bearish pressure increasing
📍 Key Levels:
• Resistance: $4.820 – $4.850
• Support: $4.740 – $4.710
⚙️ Trade Setup:
• Short Entry Zone: $4.780 – $4.810
• TP1: $4.740
• TP2: $4.710
• TP3: $4.650
• Stop Loss: $4.860
Pro Tip: If price fails to reclaim $4.80, expect further downside as liquidations continue.
$ICP struggling to hold – bearish sentiment building!