$ICP /USDT — Bullish Reversal → Breakout Watch ⚡
Price Action:
After a sharp sell-off, ICP is stabilizing above the 4.05–4.07 demand area. Selling pressure is cooling, setting the stage for a relief bounce and potential breakout if key levels are reclaimed.
Key Levels:
Strong Support: 4.05 – 4.00
Pivot Zone: 4.20
Breakout Resistance: 4.40 – 4.55
Trade Setup (Long Bias):
Entry: 4.05 – 4.15 (support hold)
or confirmation close above 4.40
Targets:
🎯 T1: 4.40
🎯 T2: 4.65
🎯 T3: 5.00
Stop Loss: 3.95 (below demand & invalidation)
Market Sentiment:
Cautiously bullish. Panic selling appears exhausted