$ICP Signal】Short continuation, 1H Bollinger lower bound about to break


$ICP 1H RSI 31.66, approaching oversold area but no effective rebound seen, 4H MACD green bars continue to expand, bearish momentum not diminishing. Price is running near the 1H Bollinger lower band, with the lower band 2.1689 already precarious. Selling pressure persists, with the latest 4H buy ratio only 0.42, funds actively exiting. Long defense is weak, rebound limited.

🎯Direction: short

⚡Entry/Pending order: 2.16947 - 2.17600

🛑Stop loss: 2.19776

🚀Target 1: 2.14336

🚀Target 2: 2.12704

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.

Deep logic: OI stable but price declining, shorts dominate. Current risk-reward ratio 1.5, if rebound in oversold area is weak, breakdown probability is high. Pending order at the lower end of the range is more aggressive.

Check real-time price 👇 $ICP
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ICP-1.53%
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