đ„đ„ ICP's Resistance Rumble: The Bulls Retreat!
Rejection Strikes Again! đ„ ICP has faced a stern rebuff at the notorious historical resistance block, peaking just under the $18 mark.
Deja Vu for Holders: The chart echoes past sentiments, reminiscent of the 2021 launch woes, as price takes a downturn.
đĄ Market Movements to Monitor:
Support Watch: Eyes on the $15 level - will it hold as new support or will we see further dips?
Resistance Retest: If bulls gather strength, a retest of the resistance area is possible - watch for volume spikes.
đ Trading Tactics:
Short-term traders might consider the current pullback as a potential entry point if support levels show signs of holding.
Long-term investors should be wary of multiple resistance tests without breakthrough - it could signal enduring bearish sentiment.
đ Seen this pattern before? Share your ICP experiences!
đ Comment below on how you're playing ICP's resistance tango!
đ Like if you're eyeing the next move!
đ Share to keep the crypto community in the loop!
Remember to always do your due diligence and review your risk strategy before making trades. đđĄïž
