Is ICP Coiling for a Breakout? ๐๐
The jury is still out on #ICP as it cools down in the long-term timeframe (LTF) after testing resistance around $15.34-$15.75. The price of $ICP is currently stuck in neutral territory, so waiting for a clear break above or below the consolidation zone might be wise.๐ง
There was a recent downward "stop hunt" suggesting potential manipulation to shake out weak hands. ๐ฅ
This could indicate a higher move is coming, with a possible 10-15% upside. However, a break below the consolidation could also happen.๐
Key Takeaways: ๐
Price stuck in consolidation after resistance rejection.
Stop hunting suggests a potential upward move, but wait for confirmation.
10-15% upside possible if consolidation breaks upwards.
What's Your opinion on Thisโ