$ICP /USDT BEARISH ANALYSIS ⚠️ | LAYER 1 TOKEN FACING SELL PRESSURE
📉 Current Price: $5.02 (▼ -3.27%)
🚨 Market Bias: Continues bearish trend with weak rebound attempts.
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🔹 Key Levels:
Resistance 1: $5.21 (24h High) 🔼
Resistance 2: $5.40 🚫
Support 1: $4.98 (just broken) ⚠️
Support 2: $4.80 (major demand zone) 🛡️
📉 A daily close below $4.98 confirms weakness and likely further downside.
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🔴 Trade Setup (SHORT):
💥 Entry Zone: $5.00 – $5.05
🎯 Take Profits:
• TP1: $4.88
• TP2: $4.80
• TP3: $4.65
🛑 Stop Loss: $5.22 (above recent high)
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📌 Risk Management Tip:
Risk 1–2% of your capital, set alerts at key levels, and trail SL to protect profits. 🛡️💼
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📊 ICP shows clear rejection from upper levels — caution advised as bears tighten grip.
Stay alert, trade smart, and protect your capital! 📉🚫🧠
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