$ICP / The upward trend is accelerating - A breakout testing area is forming!
It has risen from the $5.10 area and is now consolidating just below the $5.70 resistance after a strong breakout.
Momentum is strong with no significant bearish reversal signs.
The price is forming a tight consolidation area after the breakout - a classic bullish continuation structure. $ICP
If $5.70 is broken, a quick move to $5.95 is on the table.
Adjust the stop loss to the entry price after reaching target 1. $ICP
Trade setup (Long):
Entry price: $5.58 - $5.64
Target 1: $5.78
Target 2: $5.95
Stop loss: $5.48
Buy and trade here
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