đ Asset: $ICPUSDT
đ Current Price: $5.54
â° Timeframe: 1H + 4H precision blend
đ§ Setup: Retesting support after sharp rejection from $6+ â compression phase active!
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đ§ TECHNICAL BREAKDOWN:
đ» Sharp rejection from $6.10 zone = local top formed
đ Now sitting on key support at $5.50â5.45
đ§ Low volume consolidation = volatility incoming
đĄ Bear flag structure visible on 1H â but not confirmed yet
đ If $5.45 breaks â high chance of cascading liquidity grab
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â BULLISH SCENARIO:
Entry: $5.65 (confirmation of breakout from flag top)
TP1: $6.00
TP2: $6.55
SL: $5.38
đĄ Need strong volume with breakout candle to flip structure bullish
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đ« BEARISH SCENARIO:
Entry: $5.42 (breakdown below structure)
TP1: $5.05
TP2: $4.66
SL: $5.68
â ïž Losing $5.45 = structure collapse, downside accelerates fast
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đ MOMENTUM SNAPSHOT:
đ RSI cooling off = ready for next impulsive leg
đ§ Volume thinning out = major move cooking
đŁ Break of range will trigger liquidations either way
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âïž SHORT vs LONG OUTLOOK:
đ LONG IF: Price flips above $5.65 with volume surge
đ SHORT IF: Clean breakdown below $5.45 support with momentum
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đĄ Stay ready. This is a squeeze zone â breakout will be aggressive either side.
đŻ Donât jump early â react on confirmation, not hope.
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đ Buy and Trade Heređ$ICP
â ïž This is not financial advice. Trade at your own risk.
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