$ICP /USDC – STRONG BOUNCE, CONSOLIDATING BELOW RESISTANCE
EMA(99) HOLDING FIRM AS SUPPORT
BREAK ABOVE $4.95 MAY TRIGGER UPSIDE MOVE
$ICP rallied to $5.062 before retracing and is now consolidating between the 7 EMA ($4.945) and the 25 EMA ($4.951). Price is still holding above the 99 EMA ($4.865), signaling strength and potential for another breakout on reclaim of $4.95.
🟢 Long Setup
Entry: $4.92 – $4.95
Take Profit: $5.08
Stop Loss: $4.86
Market Outlook:
Structure remains bullish while above EMA(99). A close above the $4.95 resistance could bring a push back toward recent highs.