🚹 $ICP /USDT – Breakdown From Supply Zone!

ICP just rejected three key resistance levels and slipped back into a bearish structure. The sell-side pressure increased exactly at the supply block (5.66–5.78), confirming strong sellers sitting above.

đŸ”» What Just Happened?

Price tapped the major supply zone (5.66 → 5.78)

Immediate rejection with long wicks = weak buyer momentum

Structure flipped bearish after losing the mid-support (5.58)

Clean drop toward 5.18, confirming the downtrend continuation

🎯 Next Expected Move

If ICP doesn’t reclaim 5.58, then:

âžĄïž Retest & rejection = continuation toward 5.00 – 4.88 zone

This is the next liquidity pocket and potential bounce area.

🧠 Smart Trader Insight

Sellers are in full control until price breaks back above 5.66 with strength. Watch for:

✔ Bullish reclaim = short squeeze potential

❌ Failure = deeper downside

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