$ICP Signal】Short 4H Bearish Continuation


$ICP 4H MACD histogram continues to expand, bearish momentum not weakening. 1H rebound to 2.45, precisely suppressed by EMA20, buying volume unable to break through with increased strength. Funding rate -0.0288%, short positions have low cost, sufficient willingness to push prices down. Deep buy volume ratio 1.06, sell orders above are thicker, selling pressure is continuously being absorbed.
🎯Direction: short
⚡Entry/Order: 2.4426 - 2.4500
🛑Stop Loss: 2.4745
🚀Target 1: 2.4132
🚀Target 2: 2.3949
🛡️Trade Management: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
The 4H Bollinger lower band at 2.4154 provides weak support; if broken, there is a previous low near 2.3949, but if bearish momentum persists, the probability of further decline is high. Current risk-reward ratio is 1.5, stop loss distance is reasonable, worth trying.
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