$ICP at a Crossroads! ⚡

$ICP just got rejected from the key $5.05 resistance! 🚨 The battle between bulls and bears is heating up as the price hovers at a critical pivot point. With momentum indicators flashing mixed signals, what's next for Internet Computer? 🤔

1. Current Situation: $ICP is trading at ~$4.85, struggling to hold the 50-day EMA after a sharp rejection from the 200-day EMA. 📉

2. Technical Indicators: The RSI is neutral around 49, showing indecision. However, the MACD shows signs of a bearish crossover, hinting at potential downward pressure. ⚠️

Disclaimer: This content is for educational and informational purposes only.

Is this a healthy correction before the next leg up, or is a deeper dip coming? 👇

#ICP #InternetComputer #CryptoTrading

Big moves ahead, stay tuned.