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Waiting for the right time to move on $ICP but the chart is playing games.
We just hit a local peak around 2.80 and now we are seeing some sideways action. The price is holding above the 2.50 support zone which is a good sign for the bulls. If this level stays firm then I can see us pushing higher soon.
The order book shows more sellers right now with 55% on the ask side. This usually means the price might consolidate a bit more before any big breakout. Volume is steady but we need a real spike to clear those top levels.
I am watching that 2.71 area closely to see if buyers step back in. It looks like a classic accumulation phase after that recent jump.
#CryptoMarketBouncesBack