$ICP /USDT.
๐ Price Summary
Current Price: $5.28 (-3.15% intraday)
24h High: $5.503
24h Low: $5.191
24h Volume:
ICP: 1.14M
USDT: $6.02M
Trend: Mild bearish โ holding above local support
๐ Technical Overview
MetricValueCurrent Range:$5.19 โ $5.50Support Levels:$5.19 โ $5.13 โ $4.98 (deeper support)Resistance Levels:$5.31 โ $5.50 (24h high) โ $5.69Depth Snapshot:Large sell walls at $5.50โ$5.69Momentum:Weakening โ recent pullback off highs
โ๏ธ Trade Setups
๐ Range Bounce Play
Buy Zone: $5.19โ$5.25
TP: $5.45โ$5.50
SL: Below $5.13
Notes: Look for wicks or volume uptick at lower end. Mean reversion play.
๐ Breakdown Short (if support fails)
Entry: Break below $5.18
TP: $5.00, then $4.90
SL: Back above $5.26
๐ง Grid Strategy Suggestion
Buy OrdersSell Orders$5.13$5.45$4.98$5.69
Ideal Range: $4.95 โ $5.60
Volatility: Medium โ some wicks, but holding a broad sideways structure
๐ Summary
ICP is showing modest downside pressure today, trading near lower-range support (~$5.19โ$5.25). Current trend favors bounce plays within the range or a breakdown entry if $5.18 gives out. Volume is moderate, so avoid high leverage unless a breakout/breakdown confirms.
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