【$ICP Signal】Rebound encountering resistance, 4H bears in control

$ICP 1H MACD bullish crossover upward but momentum weakening, price stuck below the 2.458 middle band of the 4H Bollinger. Buying depth of 1.12 is not weak, and selling pressure at high levels continues to be absorbed. 4H MACD histogram narrows but remains below zero, indicating the bearish structure is intact.
🎯Direction: Short
⚡Entry: 2.449 - 2.452, go short directly in the current price range
🛑Stop loss: 2.503
🚀Target 1: 2.443
🚀Target 2: 2.423
🛡️Trade management: - Reduce position to half at Target 1, move stop loss down to 2.452 to break even. If the price rebounds above the entry point, be alert and exit if stop loss is hit.
(Depth logic: OI stable, funding rate at 0.01% neutral. Current risk-reward ratio about 2.0, worth betting on. The 4H bearish pressure has not been lifted, short-term rally lacks follow-up volume, high-level shorts can be held for a pullback. )
View real-time market 👇 $ICP
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