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ICPbullish
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🎯$ICP Breakout and Price Analysis💡📜 Resistance Level: $16: The key resistance that must be broken for confirmation of a bullish trend continuation. Breakout Scenario: Conditions for Confirmation: A daily close above $16 with significant volume. Sustained momentum supported by RSI staying below overbought territory (~70). Price Targets Post-Breakout: Short-Term Target: $18 Mid-Term Target: $20–$22 Rejection Scenario: If ICP fails to break $16: Expect a retracement to support zones: First Support: $14.50–$14.00 Deeper Support: $13.50 --- Conclusion: A breakout above $16 is crucial for the continuation of ICP’s rally. Watch for increased volume and strong candles closing above the resistance to confirm. If rejected, prepare for a correction to the stated support levels. $ICP $BTC {spot}(BTCUSDT) {spot}(ICPUSDT) #ICPbullish #BTCRecoveredTo97K #SUIInTheSpotlight #Share1BNBDaily
🎯$ICP Breakout and Price Analysis💡📜

Resistance Level:

$16: The key resistance that must be broken for confirmation of a bullish trend continuation.

Breakout Scenario:

Conditions for Confirmation:

A daily close above $16 with significant volume.

Sustained momentum supported by RSI staying below overbought territory (~70).

Price Targets Post-Breakout:

Short-Term Target: $18

Mid-Term Target: $20–$22

Rejection Scenario:

If ICP fails to break $16:

Expect a retracement to support zones:

First Support: $14.50–$14.00

Deeper Support: $13.50

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Conclusion:

A breakout above $16 is crucial for the continuation of ICP’s rally. Watch for increased volume and strong candles closing above the resistance to confirm. If rejected, prepare for a correction to the stated support levels.
$ICP $BTC


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$ICP Trade Plan💡⚠️

Key Chart Pattern: Cup & Handle (bullish continuation).



Key Levels

1. Entry Zone:

Between $15.00–$15.50 (before the breakout above $16).

2. Take Profit (TP) Targets:

TP1: $16.50 (near-term resistance).

TP2: $18.00 (breakout extension target).

TP3: $20.00 (psychological level & strong resistance).

3. Stop Loss (SL):

Below $14.50 (to protect against potential corrections).

Risk Management: Use a 1:2 risk-reward ratio and adjust stop-loss as ICP progresses. Trailing Stop is recommended for securing profits in case of strong volatility.
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