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【$ICPUSDT】Long and Short Battle Intensifies
$ICPUSDT During intraday regular fluctuations, RSI has dropped to 28.22, with buy orders breaking down in the oversold zone. The 4-hour MACD shows a death cross below zero, bearish momentum has not yet exhausted, but the 1-hour histogram has begun to converge, with potential technical retracement in the short term. Sell-side depth is 9 times the buy-side, with heavy upside pressure. Whale traders are distributing on the left side, with price suppressed below EMA20 and EMA50, medium-term structure skews bearish.
At current price around 2.343, short directly, with stop loss placed above 2.355. First target below at 2.271, second target at 2.24 zone. Risk-reward ratio 4:1, this trade is worth attempting.
View live charts 👇 $ICPUSDT
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