$ICP
/USDT Technical Analysis & Trade Signal🚀🔥💯
Momentum: Bullish (Price has increased by 7.16% over the last 24 hours, indicating strong buying pressure).
Trade Signal
Entry Zone: $11.40 - $11.55 (current price showing stability above $11.40)
Target 🎯 Levels
1. Target 1: $11.85 (near-term resistance)
2. Target 2: $12.10 (key resistance from recent highs)
3. Target 3: $12.50 (extended bullish momentum target)
Stop-Loss
Place at $10.80 to protect against downside risks.
Indicators Supporting Momentum
Moving Average: Current price is above the short-term MA, confirming upward momentum.
RSI: Likely over 50, showing positive sentiment.
Volume: High 24h volume ($23.54M USDT) supports the trend.
Suggestion: Suitable for short-term traders aiming to capitalize on momentum. Reassess if price breaks below $10.80 or shows decreased buying interest.
#BIOOnBinance #BIOOpenonBinance #BinanceAlphaAlert #USJoblessClaimsDrop