Here's a brief technical analysis for $ICP

/USDT with a trade signal:🔥💯

Technical Analysis:

Trend Analysis: ICP is currently in a bullish momentum, with a slight upward movement of +0.66% in the last 24 hours. It is hovering near the 24-hour high of $11.65, indicating short-term buying pressure.

Support and Resistance:

Support: $11.00 (24-hour low) and $11.09 (recent dip in depth).

Resistance: $11.65 (24-hour high) and $11.68 (recent depth resistance).

Momentum: Currently bullish, indicated by the price closing near the upper range and the positive 24-hour change of +0.66%. However, a breakout above $11.65 could lead to further gains.

Trade Signal:

Buy: Enter at current price around $11.24.

Stop-Loss: Set at $10.90 to limit potential losses.

Target Levels:

Target 1: $11.50

Target 2: $11.65 (previous 24-hour high)

Target 3: $11.80, if bullish momentum continues.

The overall momentum indicates a moderate bullish outlook, with potential for minor retracements.

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