Friends, today we will finish the day with a great asset review, altmarket showed top growth!
Review on $ICP at 4H:
The price is at the lower boundary of the key demand zone, where reactions were formed earlier. Weak Low is present, which indicates the probability of knocking out stops and forming a false breakdown before reversal.
🟢 #bullish Scenario
If the price holds the current demand zone and confirms the rebound, the growth to the first supply zone ($5.05-5.20) is possible, and in case of breakdown - to the upper zone ($5.35-5.55), where Strong High is located.
🔴 #BEARISH📉 Scenario
In case of support breakdown and consolidation below $4.45, a plum to the next demand (below $4.30) is possible. Also, the scenario of a pullback to the supply zone and a strong bounce to the downside (fake-out) remains valid.
📌 What to watch out for
- Price behavior at Weak Low
- Reaction in the $5.05-5.20 zone on a bounce
- Volumes and momentum on a return to structure
⚠️ A decision point is forming now - don't yawn. We wait for confirmation and act according to the scenario.
Buy and Trade $ICP here