【$ICP Signal】Pull back to add longs + 1H level charging, wait for the main force to ignite

$ICP The 1H level is oscillating narrowly above the key support area, with the price closely following the EMA20, building momentum. Although the 4H level is in a downtrend channel, the price has already broken above the EMA50, and open interest remains stable, indicating weakening selling pressure. Currently, the order book shows deep buy-side volume, with clear signs of main force support, and potential for short squeeze in a negative fee rate environment.

🎯Direction: Long (Long)

⚡Entry/Order: 2.357 - 2.381

🛑Stop Loss: 2.320

🚀Target 1: 2.450

🚀Target 2: 2.500

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even (Break-even). If the price falls back to the entry level, automatically exit to protect capital.

(Depth Logic: The 1H RSI is at 48, with neutral to slightly weak momentum but has halted its decline. The price on the 4H level is supported above the EMA50, and open interest has not decreased with the price, indicating exhaustion of the bears. The order book shows buy orders accumulated in the 2.37-2.38 range, forming strong intraday support. Persistent negative fee rates mean that if the price moves up, it could trigger short covering. )

View real-time market 👇 $ICP

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