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ICP/USDT bullish scenario?πŸ‘€πŸš€ ICP today analysis

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BINANCE:ICPUSDT   ICP / TetherUS

πŸ’Ž It is currently navigating a consolidation phase while firmly gripping its support zone.

πŸ’Ž The MACD leans bullish divergence, hinting at a potential upward trajectory post the consolidation breakout .

πŸ’Ž Looking back, the price experienced a dip after forming equal highs. Additionally, a transformation of demand into supply further accelerated the downward momentum.

πŸ’Ž 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.

πŸ’Ž 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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