$ICP is showing clear bearish structure after a strong rejection from the recent high, followed by consistent lower highs and lower lows. Price is trading below key intraday support, indicating continued downside pressure with weak buyer response.

Trade Setup (Short):

• Entry: 3.70 – 3.75

• TP1: 3.55

• TP2: 3.40

• TP3: 3.20

• SL: 3.95

Overall market structure remains weak with sellers in control. Unless ICP reclaims and holds above the 3.95–4.00 zone, downside continuation is favored.

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January 20, 2026 at 9:44 AM
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