ICP/USDT – 1H – BUY

The ICP/USDT 1H chart is flashing a cluster of bullish signals, including a Trendline Retreat Down, Double Bottom, Triple Bottom, TEMA Break Down, ALMA Retreat Down, HMA Break Down, Matching Low, and Southern Doji. Together, these suggest that the recent pullback has been absorbed and buyers are stepping in near a well-defined support zone. The confluence of multiple bottom patterns and moving-average retests points to a strong reaction off the lows, with the Southern Doji and Matching Low confirming a short-term stabilization.

Across timeframes, the bias is consistently bullish, with solid trend scores on the 30m, 1h, 2h, and 4h charts, while higher timeframes (8h, 12h) remain choppy but not bearish. The nearest support is at 2.40000, which serves as the key invalidation level. As long as price holds above this level, the bullish structure remains intact. The absence of a defined nearest resistance suggests the path of least resistance is higher, but traders should watch for a break above recent highs to confirm momentum.