ICP Pushes Higher as Strong Volume Secures Bullish Momentum ๐Ÿš€

Internet Computer (ICP) continues to show strength as it defends key support zones and attracts significant trading volume, pushing toward major resistance near $5.40.

๐Ÿ“Š What to Know:

24-Hour Price Gain: ICP rose 2.29%, moving from $5.25 to $5.37.

Trading Range: Price moved within a $0.26 spread ($5.16 โ€“ $5.42), showing notable intraday volatility of 4.94%.

Volume Spikes:

Midnight surge to 3.13M units (vs. 876K average).

1:00 AM spike hit 6.93M units.

Breakout Levels:

Cleared resistance at $5.36 with 27Kโ€“39K units traded.

Challenged $5.39โ€“$5.42 resistance.

๐Ÿงฑ Support & Resistance Zones:

Confirmed Support: $5.24 โ€“ $5.27 range held firmly through multiple tests.

New Support: Formed at $5.33 โ€“ $5.34 after breakout.

Resistance to Watch: $5.39 โ€“ $5.42 remains key for further upside.

If volume remains elevated and price holds above $5.34, ICP could see a clear breakout above $5.42, potentially opening the door to test higher resistance levels around $5.50 and beyond.