Technical analysis by CryptoAnalystSignal about Symbol ICP: Buy recommendation (6/12/2025)

#ICPThe price is moving within a descending channel on the 1-hour frame, adhering well to it, and is heading towards a strong breakout and retest.We are experiencing a rebound from the lower boundary of the descending channel, which is support at 5.85.We are experiencing a downtrend on the RSI indicator that is about to be broken and retested, supporting the upward trend.We are heading towards stability above the 100 Moving Average.Entry price: 6.04First target: 6.13Second target: 6.28Third target: 6.50