Currently trading at 5.435 USDT, $ICP exhibits a bullish market structure, with the RSI at 67.57 indicating strength but nearing overbought territory. Traders might consider a breakout strategy above the resistance at 5.455 USDT for potential upside momentum. However, risks persist, particularly from Bitcoin's volatility and macroeconomic conditions that could lead to sudden reversals. Monitoring these factors is crucial for managing trade outcomes effectively.
