$ICP Signal】Pullback to buy, confirm on the right side


$ICP 1H level shows a reduction in volume during the pullback to EMA20, with the price repeatedly testing the 2.235-2.248 range. The 4H Bollinger Band lower band at 2.167 provides strong support. The 1H MACD histogram turns red, indicating shrinking bearish momentum. The order book depth below 2.235 shows significant buy-side accumulation, exposing the capital support intention.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 2.235 - 2.245 range

🛑Stop-loss: 2.215

🚀Target 1: 2.305

🚀Target 2: 2.355

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after the price reaches 2.305, with the remaining stop-loss moved up to the entry price. If the price cannot hold above 2.255, consider exiting early.

Position size remains stable, and in a negative fee environment, the price has not fallen, indicating a potential short squeeze. The 1-hour RSI has rebounded from lows to 53.59, showing healthy momentum. The current risk-reward ratio exceeds 5, with a clear advantage in odds. The key is whether the price can quickly break out of the current consolidation zone to form a volume-driven upward move on the right side.

View real-time market 👇 $ICP
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