Technical analysis by CryptoAnalystSignal about Symbol ICP: Buy recommendation (12/7/2025)

#ICP The price is moving in a descending channel on the 1-hour timeframe. It has reached the lower boundary and is heading towards breaking above it, with a retest of the upper boundary expected. We have a downtrend on the RSI indicator, which has reached near the lower boundary, and an upward rebound is expected. There is a key support zone in green at 3.40. The price has bounced from this zone multiple times and is expected to bounce again. We have a trend towards consolidation above the 100-period moving average, as we are moving close to it, which supports the upward move. Entry price: 3.43 First target: 3.48 Second target: 3.55 Third target: 3.63 Don't forget a simple principle: money management. Place your stop-loss below the green support zone. For any questions, please leave a comment. Thank you.