$ICP /USDT Trading Strategy
Current Price: $10.141
24h High: $10.849
24h Low: $10.131
Entry Point
Long Position: Enter if the price holds above $10.160, signaling potential for recovery.
Target Levels
1. Target 1: $10.400 (Near-term resistance for quick gains)
2. Target 2: $10.600 (Medium-term resistance level)
3. Target 3: $10.850 (Retest of the 24h high)
Stop-Loss
Set a stop-loss at $10.100 to limit potential losses.
Pro Tips for Success
SAR Indicator: The SAR value of $10.257 acts as strong support. If the price falls below this level, reconsider your position.
Volume Insight: Monitor the 24h volume of 2.09M ICP and 21.82M USDT. Strong volume confirms upward momentum.
Risk Management:
Recent decline: -4.37%.
Avoid excessive leverage and maintain caution.
Action Plan
Continuously monitor market trends and volume.
Adjust targets and stop-loss levels as needed based on real-time price movements.
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