【$ICP Signal】Pullback to go long, capital support exposure revealed

$ICP The 1H timeframe is consolidating narrowly around 2.53, with the 4H Bollinger middle band at 2.516 providing clear support.
The order book wall is extremely thick, with over 100k buy orders stacked from 2.525 to 2.514, fully exposing the capital support intention.
The 1H MACD histogram has shrunk to the zero line, indicating weakening bearish momentum.

🎯Direction: Long

⚡Entry/Order: Enter in batches within the 2.501 - 2.527 range

🛑Stop Loss: 2.409

🚀Target 1: 2.686

🚀Target 2: 2.779

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even.
- If the price falls back into the entry zone, automatically exit to protect capital.

In a negative fee environment, open interest remains stable, and selling pressure is continuously absorbed.
The 4H price has already broken above the EMA20 and EMA50, indicating a warming medium-term structure.
The current risk-reward ratio exceeds 1.3, making this position worth setting up, with a clear stop-loss space.

Check real-time market 👇 $ICP
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