$ICP / USDT – Longs Liquidated at $5.74! Bulls Must Defend Key Support!
$7.03K worth of long positions wiped at $5.74138
After a sharp correction, $ICP just shook out long positions, testing a critical support zone.
The price is now at a crossroads—will the bulls defend this level, or will we see further downside?
⚠️ KEY SUPPORT LEVEL TO WATCH:
• Support Zone: $5.70 – $5.75 (Critical for bullish continuation)
• 🎯 TP1: $6.00
• 🎯 TP2: $6.30
• 🎯 TP3: $6.60
• 🛑 Stop Loss: Below $5.50
Market Insight:
The liquidation here is a sign of bull exhaustion but could also signal a reset before the next push. Watch for demand to re-enter this zone.
Pro Tip:
Wait for a strong candle close above $5.80 with increasing volume to confirm a safe entry for potential upside.
$ICP just took a hit—but if the bulls can step in, it could be the start of a recovery. Keep an eye on the action!
