🚨 $ICP IS MOVING! TP1 AROUND $3.90 IS IN SIGHT!
$ICP has pushed above $3.60 for the first time since May, bringing us closer to our initial $3.90 target.
The move also gave us another quick entry opportunity around the $2.30–$2.60 levels.
What's next?
🎯 $2.90 is our next push.
🎯 A potential throwback towards $2.80.
🎯 Then another leg towards $3.90.
🎯 $4.80 remains our next major target.
Remember our bigger bullish thesis?
$9.80 is still on the radar!
Now, let's look at the derivatives data.
Open Interest is recovering and ticking higher. Funding rates are also recovering towards positive territory. Bears are taking a serious hit as long positions continue to build.
Volume, however, is the one metric that hasn't fully recovered yet. That's the only piece we're waiting for now.
I'd honestly be impressed to see new all-time highs across these AI coins in the next few days.
We've been patient with this one, and I'm not changing my conviction just yet.
One step at a time. Let's get those targets! 🚀
#WithdrawalsBack: 15 networks live #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceHadAlreadyCovered$6BofHackLoss #ICPUSDT
$ICP has pushed above $3.60 for the first time since May, bringing us closer to our initial $3.90 target.
The move also gave us another quick entry opportunity around the $2.30–$2.60 levels.
What's next?
🎯 $2.90 is our next push.
🎯 A potential throwback towards $2.80.
🎯 Then another leg towards $3.90.
🎯 $4.80 remains our next major target.
Remember our bigger bullish thesis?
$9.80 is still on the radar!
Now, let's look at the derivatives data.
Open Interest is recovering and ticking higher. Funding rates are also recovering towards positive territory. Bears are taking a serious hit as long positions continue to build.
Volume, however, is the one metric that hasn't fully recovered yet. That's the only piece we're waiting for now.
I'd honestly be impressed to see new all-time highs across these AI coins in the next few days.
We've been patient with this one, and I'm not changing my conviction just yet.
One step at a time. Let's get those targets! 🚀
#WithdrawalsBack: 15 networks live #BinanceUpdatesProofofReservesAddresses #BinanceToResumePhaseOneOfWithdrawals #BinanceHadAlreadyCovered$6BofHackLoss #ICPUSDT
