😂 $ICP 's "Breakout" Was a Trap! Did You Get Caught? 😂
The chart for $ICP is a masterclass in trading psychology! Just when it looked like it was breaking out, it got rejected at the MA(25) resistance level and is now pulling back sharply. This is a classic bull trap designed to liquidate over-eager traders. The price is now heading back to its local support, and the volume on the red candles shows a clear shift in momentum. Don't be fooled by the quick pumps!
Were you tempted to buy the breakout or did you wait for confirmation? Let me know! 👇