$ICP vs. The Wall! 🚨 Breakout or Rejection?
Internet Computer ($ICP) has hit a critical decision point! 💥 After a steady climb from its recent lows, the price is now battling a major long-term resistance level that has suppressed it for weeks. The outcome of this battle could set the tone for days to come. 🐋
🔹 The Key Test: $ICP is trading around $4.90, directly challenging the heavy resistance of the 99-day moving average. This line has consistently pushed the price down in the past.
🔹 Scenarios to Watch: A firm breakout above this level (~$4.93) could signal a bullish trend reversal. However, a rejection here could send the price back down to test support near $4.80.
Disclaimer: This content is for educational and informational purposes only.
Will ICP have enough buying power to break through this time? Let me know your thoughts! 👇
