ICP - Support holding strong, bounce back expected

ICPUSDT (1W CHART) Technical Analysis Update

ICP is currently trading at $79 and price has made significant retrace and currently it is around the support zone. We are expecting this support zone to hold price to bounce back from this support zone. We can enter a long term trade here and do DCA if the price falls down
If the weekly candle closes below the support zone then we can enter a short trade.

Entry level: $ 7.9
Stop Loss Level: $ 5.0

TakeProfit 1: $ 10.181
TakeProfit 2: $ 13.506
TakeProfit 3: $ 19.259
TakeProfit 4: $ 30.912
TakeProfit 5: $ 52.987
TakeProfit 6: $ 76.559

Max Leverage: 2x
Position Size: 1% of capital

Remember to set your stop loss.

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GreenCrypto