ICPUSDT
2024-11-24

The  BYBIT:ICPUSDT  chart highlights an analysis using Order Block (OB) and Fibonacci + Liquidity. The price is reversing its structure and breaking out of the accumulation zone, signaling a strong bullish momentum. The primary target is set at $14, aligning with key liquidity at the EQH level and Fibonacci 0.5 retracement.

If the upward movement continues, the next targets are the Fibonacci 0.618 level and the EQH at $16.40.

Support is defined within the current Order Block, which has the potential to transform into a Breaker Block, enhancing price stability during potential pullbacks. The breakout from the accumulation zone and the structural shift confirm bullish sentiment, making these levels crucial to monitor for further developments.