【$ICP Signal】1H breakout imminent, capital support clearly intended

$ICP 1H level repeatedly tested around 2.48, buy orders from 2.49 to 2.50 are extremely thick, capital support intention fully exposed. 4H MACD histogram contracts, bearish momentum weakens, price remains above the middle band of Bollinger Bands. Under a negative fee environment, open interest remains stable, selling pressure is continuously absorbed.

🎯Direction: Long

⚡Entry/Order: Enter at current price 2.507 directly, or place a buy order around 2.495 on a pullback.

🛑Stop loss: 2.380

🚀Target 1: 2.644

🚀Target 2: 2.732

🛡️Trade management:
- Execution strategy: Halve the position after the price reaches 2.644, and move the remaining stop loss up to the entry price. If the price cannot stay above 2.52, consider exiting early.

Order book data shows heavy buy orders below 2.50, while sell orders above 2.52 are relatively sparse, forming a natural support. The 1-hour RSI rebounds from oversold territory to 48.67, forming a potential bullish divergence with the price. The 4-hour price has already broken above the EMA20, with short-term moving averages beginning to flatten and turn upward. Under this structure, the risk-reward ratio exceeds 1:1, making it worthwhile to attempt a small stop-loss to catch an upward impulse.

Check real-time market 👇 $ICP
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