$ICP ‌ICP/USDT – Market View

Price made a sharp dip and quickly bounced from the 3.44 area, showing strong demand at lower levels. After the bounce, the market pushed up but is now cooling down near the 4.00 zone.
Lower timeframe view
Short-term price action looks choppy. Buyers defended the dip well, but momentum has slowed. This suggests the market is deciding its next move rather than trending hard.
Higher timeframe view
On the bigger picture, price is still inside a wide range. The recent move looks more like a relief bounce than a confirmed trend change.
Possible paths from here (personal opinion)
Holding above the support zone could lead to another slow attempt upward.
Failure to hold may bring another test of the lower range.
Best case: range trading with higher lows. Risk case: weak bounce and pullback.
Final thought
This is not a chase zone. Let the market show direction first, patience matters here.