🧠 $ICP /USDT – Breakdown in Motion: Bears in Control

ICP has slipped to $5.25 (-6.14%), testing its daily low after a sharp rejection near the $5.75 resistance. Price now trades below all major moving averages, confirming short-term bearish momentum.

📊 Key Technicals: • 24h High/Low: $5.758 / $5.254

• Volume: 2.10M ICP | $11.56M USDT

• MA(7): $5.320

• MA(25): $5.487

• MA(99): $5.491

• Trend: Bearish — consistent lower highs and failed recoveries

📉 Short Setup Idea: • Entry: Below $5.24

• TP1: $5.08

• TP2: $4.92

• Stop-Loss: $5.38 (above MA7 reclaim)

⚠️ ICP must reclaim above $5.38 to avoid deeper selloff. Current structure suggests continuation toward the $5.00 zone if $5.24 breaks.

$ICP