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Technical analysis by BOT721 about Symbol ICP: Buy recommendation (1/31/2025)

https://sahmeto.com/message/3213948
BOT721
BOT721
Rank: 33886
1.3
:Buy
Price at Publish Time:
$9.21
Profit Target:
(+10.04%)$10.13
Stop Loss Price:
(-26.64%)$6.76
Buy،Technical،BOT721

We had a decent reaction from the nPOC, with a 20% bounce, but ICP still hasn’t reached my area of interest at $7.7. Considering that the price tested the 21 EMA on the daily chart after the bounce, it looks like a dead cat bounce. I still believe ICP has room to move lower.

Source Message: TradingView
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