$ICP /USDT BULLISH MOMENTUM – PRICE EYES NEW HIGHS ABOVE $6.00!
$ICP has delivered a clean breakout on the 1H chart, surging past the $5.80 resistance and holding gains above $5.90. With a strong bullish candle formation and volume support, the market structure is favoring further upside as price consolidates just below the $6.00 mark.
Trade Setup (LONG):
Entry Price: $5.85 – $5.95
Target 1: $6.10
Target 2: $6.35
Target 3: $6.60
Stop Loss: $5.74
Why Long?
This breakout comes after a steady staircase formation with strong bullish volume. Price briefly touched $6.049 before pulling back slightly, suggesting bulls are preparing for a continuation toward the next psychological level above $6.10.
Risk Management Tip:
Secure partial profits at $6.10 and trail your SL. If price rejects $6.10 again, manage exposure tightly and avoid emotional holding.
Buy and Trade here on $ICP