【$ICP Signal】Pullback to buy, main force’s bottom support exposure

$ICP 1H level repeatedly tests above 2.20, with unusually thick buying depth, and a heavy order wall below 2.21. The lower band of the 4H Bollinger Bands and the 1H RSI at 38 form a resonance support zone. The bears’ multiple downward probes are quickly pulled back, with selling pressure fully absorbed.

🎯Direction: Long

⚡Entry/Order: 2.200 - 2.204

🛑Stop Loss: 2.164

🚀Target 1: 2.365

🚀Target 2: 2.445

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back to the entry level, automatically exit to protect capital.

Position size remains stable. When the price drops, there is no panic selling, and capital support actions are obvious. Although the 1-hour MACD green bars are shrinking, the fast and slow lines are below zero and at very low levels, indicating bearish momentum is exhausted. Coupled with negative funding rates, the cost of short positions is accumulating, and any quick rebound could trigger a short squeeze. The risk-reward ratio at this level is very clear: the downside is locked by deep buy orders, while there is a technical gap that needs to be filled on the upside.

View real-time market 👇 $ICP
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