ICP/USDT bullish scenario?๐๐ ICP today analysis
๐ It is currently navigating a consolidation phase while firmly gripping its support zone.
๐ The MACD leans bullish divergence, hinting at a potential upward trajectory post the consolidation breakout .
๐ Looking back, the price experienced a dip after forming equal highs. Additionally, a transformation of demand into supply further accelerated the downward momentum.
๐ There's a distinct unmitigated supply and bearish zone. It's highly probable that ICP will aim to address this imbalance soon. However, should the price breach the support zone, be prepared for a potential descent.
๐ In the dynamic world of crypto, staying informed and adaptable is key. Stay tuned for more updates and enjoy your trading journey
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