🔥 $ICP Bullish with signs of potential consolidation near resistance
Recent 1H candles show increasing volume during upward moves, supporting the bullish price action. However, some pullbacks have occurred on lower volume, indicating lack of strong selling pressure. Capital Flow: Short-term net contract inflows are positive (1H: 1M), indicating buying interest in derivatives. Spot flows are mixed but slightly positive in shorter timeframes (5m: 49K), suggesting some institutional accumulation. Entry long $ICP : Enter on a pullback towards the Support level 3.994 USDT or a breakout above Resistance level 4.125 USDT with confirmation (increasing volume and a strong bullish candle). Stop Loss: 3.85 USDT considering key support Target Price $ICP : 4.35 USDT near recent swing highs and just above Resistance zone. Support me just Click below to Trade 👇 Cheers
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🔥 $ICP Bullish with signs of potential consolidation near resistance
Recent 1H candles show increasing volume during upward moves, supporting the bullish price action. However, some pullbacks have occurred on lower volume, indicating lack of strong selling pressure.
Capital Flow: Short-term net contract inflows are positive (1H: 1M), indicating buying interest in derivatives. Spot flows are mixed but slightly positive in shorter timeframes (5m: 49K), suggesting some institutional accumulation.
Entry long $ICP : Enter on a pullback towards the Support level 3.994 USDT or a breakout above Resistance level 4.125 USDT with confirmation (increasing volume and a strong bullish candle).
Stop Loss: 3.85 USDT considering key support
Target Price $ICP : 4.35 USDT near recent swing highs and just above Resistance zone.
Support me just Click below to Trade 👇 Cheers