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💡 $ICP /USDT Technical Analysis (4H Chart) 💰 Current Pri

CryptoPotato

Updated at: 4 hours ago

{"content":"💡 $ICP /USDT Technical Analysis (4H Chart) 💰 Current Price: $5.255 (+0.32%) 📊 Moving Averages: MA(7): $5.165 MA(25): $5.121 MA(99): $5.171 👉 Price is now above all key MAs — short-term bullish structure is forming. 🔄 Range-Bound with Reversal Potential ICP has been stuck in a large sideways range between $4.60 and $5.80 for over a month. It’s showing signs of a potential higher low formation and is currently testing the upper part of the mid-range. This may lead to a range breakout attempt if $5.40–$5.60 zone is cleared. 🔥 Momentum Snapshot: All short- and mid-term MAs have bullishly crossed, indicating potential upside continuation. Volume is picking up gradually — early signs of interest returning. 🧱 Key Levels: Support: $5.12 (MA25), $4.95 (range bottom) Resistance: $5.40 → $5.65 → $5.80 (multi-top rejection zone) Break and close above $5.65 = likely move toward $6.20–$6.40 🎯 Trade Setup Idea: Conservative buyers may wait for $5.40 breakout confirmation. Aggressive traders can accumulate here with stop below $5.10, targeting the top of the range. Watch for rejection wicks or low-volume pushes — those = fakeouts. ⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/08/a453fb5e75bb4a2d8fd563034055a7d0.png"],"tags":[],"tradingPairs":["ICP/USDT"],"quotearticleid":0}

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