$ICP : Bullish Breakout in Play!

Internet Computer ($ICP P) has broken out of a descending triangle pattern on the 4-hour chart,

signaling a potential strong upward movement. The price has successfully retested above the MA 200,

confirming bullish momentum and setting the stage for further gains.

Key Targets to Watch:

🎯 $12.76 – Initial resistance zone.

🎯 $14.20 – Next major target for continued upside.

🎯 $15.50 – Long-term bullish target with strong potential.

Why This Matters:

1. Descending Triangle Breakout: This pattern typically signals a shift in trend,

often leading to explosive price action.

2. MA 200 Confirmation: The successful retest above this key moving average adds confidence to the bullish outlook.

3. Volume Surge: The breakout is supported by rising volume, reinforcing the strength of the move.

Next Moves:

For Bulls: Enter positions on pullbacks near $11.80-$12.00.

Use tight stop-losses below $11.50 and aim for higher targets of $12.76,

$14.20, and $15.50.

For Bears: Be cautious.

Shorting against a confirmed breakout is risky unless resistance is firmly established at higher levels.

Pro Tip:

Watch for consolidation near the breakout levels.

This could offer additional entry opportunities as the price builds momentum towards the next targets.

$ICP is primed for a strong move upwards—with targets as high as $15.50. Stay sharp,

the rally could be just getting started!

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