#CryptoCharts101 $ICP is showing signs of a major breakout

After months of consolidation and lower highs, the price has finally broken above the descending trendline and the 50-day moving average (MA50) — a bullish shift in structure

■ Here’s what I’m seeing:

🔹 Strong support held at $4.55 multiple times

🔹 Breakout above $5.60 with increasing volume

🔹 Next resistance levels: $7.30 → $8.80 → $11.20

🔹 Volume profile shows a clear gap up to $11+

If bulls hold this breakout, we could be looking at a strong mid-term reversal. Key now is to see how price reacts around $7.30

#CryptoCharts101 #TradingMistakes101 #Write2Earn