$ICP /USDT Technical Snapshot – Bearish Pressure Building

Current Price: $5.038

Change: -3.84% (24h)

Exchange: Binance

---

📊 Key Trading Data:

Metric Value

24h High $5.249

24h Low $4.983

24h Volume (ICP) 1.86M ICP

24h Volume (USDT) $9.42M

---

📉 Performance Overview:

Timeframe % Change

Today +0.82%

7 Days -17.03%

30 Days -3.13%

90 Days -12.57%

180 Days -50.55%

1 Year Data missing

---

📌 Technical Analysis Summary:

🟥 Trend:

Short-Term: Bearish

Mid-Term: Weak recovery attempts failing to sustain

Long-Term: Clear downtrend; down over 50% in 6 months

🔑 Support Levels:

$5.00 (psychological + current bounce zone)

$4.80 (historical support)

🔺 Resistance Levels:

$5.25 (recent high)

$5.60–5.80 (critical reversal zone)

---

📈 Trade Setup – BEARISH BIAS until confirmed reversal

❌ Avoid longs unless price closes convincingly above $5.60

✅ Short entry idea: On a breakdown below $4.95

🎯 Targets: $4.75 → $4.50

🛑 SL: $5.15

🔁 Consolidation zone: $4.95–$5.25

---

⚠️ Conclusion:

ICP is under pressure with consistent lower highs and strong selling on rallies. For bullish sentiment to return, we need a strong reclaim of $5.60+ with volume. Until then, sellers are in control.

Let me know if you want indicators like RSI, MACD, or a chart-based analysis.

#PowellRemarks #CryptoStocks #IsraelIranConflict #IsraelIranConflict #Write2Earn $ICP