Does this look like a trap or a breach for you?
$ICP has been oscillating in this range for a while, but the recent push to 2.538 actually looks good.
Finally, we saw a solid support formation around 2.148, and now it’s seriously trying to regain those previous highs.
The daily candles show some strength, but we really need to break above the resistance level around 2.637 to gain real momentum.
If you check the order book, there’s buy pressure of about 70% now, so the bulls are definitely trying to take control.
Volume is good, nothing crazy yet, but the price action respects levels.
I’m watching to see if we can hold 2.460 as support on any pullback.
Are we heading back to 3 or is this just another rejection?
#WCTCTradingChallengeShare8MUSDT
$ICP has been oscillating in this range for a while, but the recent push to 2.538 actually looks good.
Finally, we saw a solid support formation around 2.148, and now it’s seriously trying to regain those previous highs.
The daily candles show some strength, but we really need to break above the resistance level around 2.637 to gain real momentum.
If you check the order book, there’s buy pressure of about 70% now, so the bulls are definitely trying to take control.
Volume is good, nothing crazy yet, but the price action respects levels.
I’m watching to see if we can hold 2.460 as support on any pullback.
Are we heading back to 3 or is this just another rejection?
#WCTCTradingChallengeShare8MUSDT
