#ICPUSDT has recently broken out of a falling wedge, a bullish signal ! increasing trading volume. The asset is currently retesting this breakout.

The upper trendline of the wedge is now acting as support for $ICP. If this retest is successful, the probability of a 50-100% bullish rally is very high.
However, if the retest isn’t successful, There is a major support level at $6.6-$5.90. This zone is packed with liquidity .

If the $$6.6-$5.90 zone fails, the next key level is $3.5. This support needs to hold to maintain the bullish outlook.
If #ICPUSDT continues to fall below these levels, the bullish scenario will be invalidated, leading to a deeper bearish trend.

#ICPUSDT Internet Computer has reached support at the lower boundary of the bearish pattern on the daily chart.

In case of a successful breakout above the middle line of the channel, the price could reach the following targets: $6.45 - $7.50 - $8.66

#ICPUSDT The price has broken the downtrend line with strong momentum, which is a good sign of a trend change. We expect the price to stay above the trend line and then continue the upward trend and touch the targets we have set.

#ICPUSDT The downtrend line is broken. If the price stays above 6.010, our massive upward move will begin, the target of which can be the ceiling of this ascending channel and will yield good profits.