$ICP

šŸš€ ICP/USDT – Breakout Watch (Bullish Bias)

šŸ• Timeframe: 1H

šŸ’° Current Price: $5.655

šŸ“Š Trend Context: Range-bound structure; testing upper resistance after higher lows. Potential for breakout continuation if momentum holds.


🟩 Entry Plan (Long):

šŸ“Œ Entry Zone:

Aggressive: $5.60 – $5.70 (pre-breakout anticipation)

Conservative: On confirmed breakout above $5.90 (resistance zone)


šŸŽÆ Take-Profit Targets:

šŸŽÆ TP1: $6.10

šŸŽÆ TP2: $6.48 (range high)

šŸŽÆ TP3: $6.90 (potential extension)


šŸ›”ļø Stop-Loss:

šŸ”» SL: $5.25 (below recent higher low)


āš–ļø Risk-Reward Tip:

Entry: $5.65 | SL: $5.25

TP2: $6.48 → Risk:Reward ā‰ˆ 2.1:1

šŸ“ˆ Consider trailing stop after TP1 or on breakout retest


āœ… Confirmation Triggers:

šŸ”ø Break and hold above $5.90

šŸ”ø Spike in volume on breakout candle

šŸ”ø BTC and altcoin sentiment aligning bullishly


šŸ”„ Signal Strength:

Medium-High – Pre-breakout structure is strong, but confirmation above $5.90 would significantly boost signal confidence.