$ICP Holds its bullish structure after a local rejection

Entry: 3.00 – 3.05 🎯

Target: 3.20 🚀

Target: 3.45 💎

Target: 3.80 ✅

Stop Loss: 2.85 🛡️

ICP remains technically constructive despite the sharp fade from the local high. The pullback has been absorbed by buyers, and the market is still trading within a broader bullish framework. The key inflection remains the reclaimed breakout zone; a clean move back above it would signal renewed acceptance and keep the trend extension intact.

My read is that this is less about a failed breakout and more about a controlled liquidity sweep into demand. Retail often treats the initial rejection as confirmation of weakness, but the structure suggests otherwise: price is still respecting higher-timeframe support, and liquidity likely continues to rotate toward the prior breakout area. If the market reclaims that zone, the path opens for continuation toward the upper targets. Below 2.85, the setup loses its structural integrity.

Not financial advice. This is a market commentary, not a recommendation.

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