$ICP / USDT – Layer 1 Momentum Ignites 🚀
Internet Computer ($ICP) is gaining serious traction, posting a +10.91% surge in the past 24 hours. The breakout above 5.40 USDT is backed by strong volume, confirming renewed interest in Layer 1 narratives. After a clean rebound from 4.88, bulls are showing increased conviction.
📥 Entry Strategy
Buy Zone: 5.30 – 5.42 USDT
Entry Triggers: Pullbacks into the zone or a confirmed break and retest above 5.45
🎯 Upside Targets
Target 1: 5.70 USDT – Immediate resistance zone
Target 2: 6.00 USDT – Psychological level and prior supply area
Target 3: 6.45 USDT – Extension target if momentum continues
🛑 Stop Loss
5.05 USDT – Below recent structure and breakout base
🔑 Key Technical Levels
Support: 5.10 / 4.88
Resistance: 5.45 / 5.70
Pivot Level: 5.25
💡 Pro Tip
Monitor the 1H close above 5.45 for confirmation. A clean retest of that level may offer a high-probability entry. Consider scaling out near 6.00 if RSI becomes overbought, and use a trailing stop to lock in profits as price advances.
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