💡 $ICP /USDT Technical Analysis (4H Chart) 💰 Current Pri
koinmilyoner
Updated at: 5 hours ago
{"content":"💡 $ICP /USDT Technical Analysis (4H Chart)
💰 Current Price: $5.255 (+0.32%)
📊 Moving Averages:
MA(7): $5.165
MA(25): $5.121
MA(99): $5.171
👉 Price is now above all key MAs — short-term bullish structure is forming.
🔄 Range-Bound with Reversal Potential
ICP has been stuck in a large sideways range between $4.60 and $5.80 for over a month.
It’s showing signs of a potential higher low formation and is currently testing the upper part of the mid-range.
This may lead to a range breakout attempt if $5.40–$5.60 zone is cleared.
🔥 Momentum Snapshot:
All short- and mid-term MAs have bullishly crossed, indicating potential upside continuation.
Volume is picking up gradually — early signs of interest returning.
🧱 Key Levels:
Support: $5.12 (MA25), $4.95 (range bottom)
Resistance: $5.40 → $5.65 → $5.80 (multi-top rejection zone)
Break and close above $5.65 = likely move toward $6.20–$6.40
🎯 Trade Setup Idea:
Conservative buyers may wait for $5.40 breakout confirmation.
Aggressive traders can accumulate here with stop below $5.10, targeting the top of the range.
Watch for rejection wicks or low-volume pushes — those = fakeouts.
⚠️ DYOR – Do Your Own Research.
This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/a453fb5e75bb4a2d8fd563034055a7d0.png"],"tags":[],"tradingPairs":["ICP/USDT"],"quotearticleid":0}