$ICP
ICP
4.579
+27.83%
is showing a notable relief rally on the daily timeframe after months of downside pressure.
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Price reacted strongly from the $3.0 region and has now reclaimed the $4.0 handle, putting the market back at a key decision level. Momentum has improved, but structure is still in recovery mode.
The $4.4–$4.6 zone remains a major supply area. A reaction here could send price back toward $3.6–$3.8 to form a higher low. A firm daily close above this zone would shift bias more decisively bullish.
For now, this looks like a recovery leg — confirmation comes at resistance.