$ICP | From an ATH of hundreds of dollars, ICP sits at $2.433 — one of the most devastating drawdowns in crypto history.
Yet the structure is compelling : a descending wedge forming above a multi-year demand zone held since 2022, with the MA 50 beginning to flatten — early signs of bearish exhaustion.
One level decides everything: $7.3 — a proven supply zone that has previously rejected price hard.
A confirmed close above it unlocks Fibonacci extensions toward $32.5 → $45.2 → $51.9, representing 13x–21x from current levels.
$7.3 is the gateway. Until it opens, every target above is just a number on paper.
NFA | DYOR
#ICP