ICPUSDT: Navigating the Correction Waves with a Short Sail! ๐Ÿ“‰โ›ต

Introduction: ๐ŸŒ Brace yourselves for a turbulent ride in the crypto seas with ICPUSDT! Traders are embarking on a short position from $9.073, navigating through recent active growth and identifying a descending structure. Let's delve into the details of this bearish journey.

Trade Details: ๐Ÿ’ฐ The short position (#ICPUSDT) sets sail from $9.073, anchored with a stop-loss at $9.122. The rationale behind this move lies in the recent active growth leading to a corrective phase, forming a descending structure that signals the strength of sellers and weakness of buyers with declining trading volumes.

Technical Analysis: ๐Ÿ“Š Zooming into the 30-minute timeframe, ICPUSDT is undergoing a correction after recent active growth, forming a descending structure that points to the strength of sellers and the weakness of buyers with a decline in trading volumes. The price compression along the trend is approaching a support level, validated multiple times and holding unrealized liquidity.

Expectations and Strategy: ๐ŸŽฏ The trader contemplates a gradual approach with consolidation around the support level, anticipating an impulsive breakthrough with increased activity in the order book.

Trade Target: ๐Ÿ“‰ The primary goal is to capitalize on the correction by riding the descending waves, navigating through the sea of potential profits.

Conclusion: ๐Ÿ›‘ ICPUSDT invites traders to navigate the correction waves with a short sail. Prepare for a bearish journey, watch for price compression around the support level, and be ready for an impulsive breakthrough with heightened activity in the order book! โ›ต๐Ÿ’น
Chart PatternsdemandandsupplyzonesDemand ZoneICPUSDTTechnical Indicatorsresistance_levelresistencesupportsupportandresistancezonesTrend Analysis

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