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$ICP ICP Market Snapshot 📊
ICP is trading around the 4.00 zone, moving sideways after a previous drop. Price has stopped making lower lows, which often shows the market is trying to stabilize rather than continue falling.
On the 1H timeframe, price is hovering near key averages. Volume is steady, and momentum indicators are slowly improving, suggesting selling pressure is easing.
Short-Term View (1H)
Trend is neutral
Price is holding a tight range
Support near the recent low remains important
Bias: Range-bound with small bounce potential
Mid-Term View (4H)
Previous downtrend has slowed
Market needs time to rebuild strength
Sideways movement can form a solid base
Bias: Consolidation before next move
What to Watch 👀
Support hold → gradual recovery
Volume increase → momentum shift
Rejection near resistance → range continues
Support loss → downside risk returns
Final Note:
This is a personal market opinion, not financial advice. Always manage risk and trade responsibly.