#ICP Ready to Fall Further or a Bullish Move Is On the Horizon?
2024-11-05

Yello, paradisers! 😎 Are you ready for what could be a pivotal moment for #ICPUSDT? Let's discuss the latest analysis of #InternetComputer:

💎#ICP is approaching a crucial minor resistance level to confirm its bearish bias potentially. If this level holds strong during the retest, it will reinforce a bearish trend, signaling that the market could be primed for a further downward move. In that case, brace yourself for a potential drop toward the $5.79-$6.23 major support zone—our first key target.

💎However, if selling pressure doesn’t relent, things could get even more intense. A continued struggle to find support may drive prices lower, with our final target set around a robust demand zone at $4.34. This area will be crucial to monitor, as it represents a significant level where buyers may step in to defend against further declines.

💎But hold up—let’s not count out the bulls just yet. If #ICPUSDT manages to close above $11.37 on the daily chart, the bearish outlook would be invalidated. This breakout would suggest a possible shift back to bullish momentum, potentially setting the stage for a renewed uptrend. 

Always aim for precision and keep a close eye on the critical zones to maximize your trading edge.

MyCryptoParadise
iFeel the success🌴