#ICP Weekly Chart – Accumulation or Breakdown Fakeout?
After a brutal downtrend, $ICP may have just completed a classic ABC corrective wave with a solid bounce from the C-leg.....
■ Strong #trendline support held
■ Potential breakout from descending structure
■ #EMA catching up – trend shift in play?
Now retesting the $6 zone – if this flips into support, the next major resistance could be $17+, with macro target > $40. Is this the smart money accumulation phase before liftoff? Or just another lower high?
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