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【$ICP Signal】Pullback to go long, 4H level charging up for launch
$ICP 1H level repeatedly tests near EMA50, buy volume depth exceeds sell volume by 14%, capital support is clear. The 4H MACD histogram continues to expand, trend turns stronger, but the 1H MACD fast and slow lines form a death cross, indicating a short-term pullback is needed.
Current price around 2.473, go long directly, stop loss at 2.429. First target at 2.560, second target at 2.604.
🛡️Trading management: - Execution strategy: After reaching target 1, halve the position, and move the remaining stop loss up to the entry price. If the price falls back to the cost line, exit unconditionally.
Order book depth is unbalanced, with dense orders below, selling pressure is quickly absorbed. Negative funding rates reduce the cost of holding long positions, and the middle band of the 4H Bollinger Bands provides dynamic support. Under this structure, a pullback is an opportunity, with a risk-reward ratio close to 2:1, worth a try.
Check real-time market 👇 $ICP
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