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$ICP Sharp Pullback After Rally… Bulls Trying To Hold $2.50 Support
Momentum Cooling While Market Searches For Stability
Trade Setup (Long)
Entry: 2.58 – 2.66
Stop Loss: 2.48
Take Profit: 2.95 – 3.35
ICP experienced a strong breakout rally toward the 4.09 resistance area before facing heavy profit-taking pressure. Price has now retraced back near the 2.50 support zone where buyers are attempting to stabilize momentum after the sharp correction.
The current structure suggests bulls are still defending key support despite recent weakness. If price manages to reclaim the 2.90 region with stronger volume, another recovery wave toward higher resistance levels becomes possible. Patience and confirmation remain important while volatility stays elevated.
#DailyPolymarketHotspot #BitcoinVShapedReversalBack