LONG #ICP USDT from $6.13 stop loss $5.886
1h TF. The asset demonstrates an upward trend. We see a breakout of resistance and a consolidation above the level. The current corrective movement returns the price to the 1H OB area. This zone acts as a supply area and support.
This level coincides with a liquidity zone where the price has already bounced multiple times. A confirming signal is the slowdown of sell-offs and consolidation within the level.
Priority - restoration of buying activity with new highs. Considering the structure of the higher timeframe and the preservation of momentum:
Take profits:
TP1: 6.248 – resistance level.
TP2: 6.509 – liquidity near 1H OB.
TP3: 7.221 – extreme in the 4H OB zone, final target
Open a trade 👇$ICP