$ICP - update: Bearish at the moment ๐
Very neutral zone daily [large cloud zone]
The price remain hearish on the lower TF. and should continue to move toward the lower key support zone: 7.960 - 7.880 $ ๐
It can be a bullish retest, but nothing is sure into this unstable zone with large volume โ ๏ธ
I'd prefer to wait for a clear consolidation on these supports before taking a long position.
Otherwise, I think the price could continue to move down towards the SSA zone: $7,580 - $7,600! (yellow zone).๐
๐กTo resume:
The short term price is unstable, but I think that a dump toward 7.650 - 7.700$ will be see!
Monitor the uptrend pattern and the SSA : 7.580$ level wich could be the final bottom!
