$ICP breaking out hard! ๐Ÿš€ Up 17.25% on the day, pushing past key resistance at $10.35 and now testing $10.77. Bulls are in full control as volume surges . Momentum looks strongโ€”are we headed for $12 next? Keep an eye on those moving averages!

Technical Analysis:

1. Price Movement: ICP has rallied from $8.66 (recent low) to $10.77, marking a sharp bullish breakout.

2. Moving Averages:

โ€ข MA(7): $10.355 โ€” Price is trading well above the 7-period moving average, confirming strong short-term bullish momentum.

โ€ข MA(25): $9.762 โ€” Price has convincingly crossed above the medium-term average, solidifying upward momentum.

โ€ข MA(99): $9.337 โ€” Trading far above the long-term average, showing strength in the overall trend.

3. Volume Surge: Volume spiked significantly during the breakout, signaling strong buyer interest and validation of the move.

4. Next Levels to Watch:

โ€ข Immediate resistance at $10.77 (current high).

โ€ข If momentum continues, $12 is a likely psychological target.

โ€ข Support zones at $10.35 and $9.75.

Momentum is on the bullsโ€™ side, but watch for potential profit-taking near key resistance levels.

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