$ICP is showing signs of life after a steady downtrend, with a crucial battle brewing around the \$5.05 support zone. Buyers are slowly stepping in, hinting at potential strength—but the momentum remains fragile. A breakout above the \$5.20 mark is the key level to watch. If it holds, expect a move toward higher levels, possibly testing \$5.30.
However, if ICP faces rejection here, it could lead to another retest of the lows. Traders are watching this setup closely. For those looking to take advantage, a long position between \$5.13 – \$5.16 could be in play, with tight risk management. The next few days will reveal whether ICP can truly make its recovery or if the downtrend will continue. Time to stay sharp and ready for the next move.
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