$ICP /USDT is showing moderate strength, currently trading at $5.27, up +3.25%, with price hovering near MA60 at $5.251. It's approaching the 24h high of $5.401, which is a key short-term resistance.
🧠 ICP/USDT Intraday Trade Setup (15m–1h)
Current Price: ~$5.273
24h Range: $5.061 (low) → $5.401 (high)
Trend: Mild bullish with room for breakout
Volume: 1.37M ICP / 7.16M USDT
MA60 (15m): $5.251 → Price holding above = bullish bias
🔍 Key Technical Levels
Resistance:
$5.40 (24h high – immediate ceiling)
$5.50 (psychological & swing resistance)
Support:
$5.23–$5.25 (MA60 & previous demand)
$5.06 (24h low, major breakdown invalidation level)
📈 Trade Scenarios
✅ Scenario A: Breakout Long
Entry: On 15m or 1h candle close above $5.41
Confirmation: Volume spike above 1.5K+ ICP per 15m
Target 1: $5.50
Target 2: $5.60
Stop Loss: $5.23
🔁 Scenario B: Pullback Buy
Entry Zone: $5.23–$5.25 (bounce off MA60 and consolidation zone)
Confirmation: Bullish engulfing or hammer on pullback
Target 1: $5.35
Target 2: $5.40
Stop Loss: Below $5.18
📊 Indicator Notes
MA(5): 1,815 > MA(10): 1,337 → Near-term buying pressure active
Volume is moderate — good for intraday plays but not explosive
If RSI < 70 and price holds above MA60 → favors long bias
🧠 Strategy Tips
ICP often lags majors, so watch BTC/ETH for correlation clues
Alert Levels:
$5.41 = breakout
$5.23 = pullback buy
Consider scaling out above $5.50 due to historical resistance
#EthereumSecurityInitiative #BTC110KToday? #BinanceHODLerHAEDAL #Write2Earn! #icp