ICP — Golden Pocket Retest: Reversal or Continuation Down?ICPUSDT SPOTBYBIT:ICPUSDTCryptoNuclearAfter a long period of accumulation followed by an extreme capitulation phase, ICP is finally showing signs of life again. The recent sharp rally managed to break through several mid-term supply levels, but now the price is retesting the most critical zone on the chart — the Fibonacci Golden Pocket (0.5–0.618) range between $5.26–$5.98. This yellow box is not just another technical bounce zone — it’s the decisive point for ICP’s mid-term direction: will ICP continue its recovery toward the former distribution area at $9.20 to $14.70, or will it fall back into the depths below $2.00? --- Structure & Pattern Phase 1: Sideways Accumulation (Early 2025) The price moved sideways for months — a strong sign of silent accumulation by larger players. Phase 2: Capitulation & Sharp Recovery A deep breakdown followed by a vertical spike toward $15.58 shows a massive liquidity sweep — stop-losses were cleared out, and the market reacted with a relief rally. Phase 3: Golden Pocket Retest (Now) The price is retracing in a controlled manner back into the $5–$6 zone, now serving as a key confluence of horizontal structure and Fibonacci support. --- Bullish Scenario (Potential Reversal) If the price can hold the $5–$6 zone and form a strong 2D candle closing above $6.50–$7.20, a new Higher Low structure will be confirmed — signaling the possibility of the next bullish leg. Confirmation: Break & Retest above $7.20 Targets: Target 1 → $9.20 (minor supply zone) Target 2 → $14.70 (major resistance & previous high) Momentum Clues: Increasing volume on green candles and a developing bullish RSI divergence. This could mark the beginning of a mid-term reversal for ICP, with potential upside exceeding +140% from the current price (~$6.07). --- Bearish Scenario (Rejection Case) However, if the Golden Pocket fails to hold and a 2D close below $5.00 occurs, the entire rally may turn out to be nothing more than a dead cat bounce. In this case, ICP risks continuing its decline toward: First support: $3.00 Major support: $1.80 (historical low and liquidity base) A confirmed breakdown below $5.00 would indicate that the market structure remains fully under sellers’ control. --- Conclusion The $5.0–$6.0 range is the most decisive level for the coming months. If it holds and forms a higher low, ICP may enter a new bullish cycle — but if it breaks down, a new distribution phase could begin. 📊 The golden pocket will decide the next chapter: is this the start of ICP’s rebirth, or just another bounce before another collapse? --- Trading Plan Aggressive Entry: Buy between 5.3–6.0, SL < 4.8 Conservative Entry: Wait for a Break & Retest above 7.20 Take Profit Targets: 9.20 → 14.70 Bullish Invalidation: 2D Close below 5.0 --- #ICP #ICPUSDT #CryptoAnalysis #GoldenPocket #Fibonacci #PriceAction #CryptoReversal #AltcoinSeason #TechnicalAnalysis #CryptoBreakout #MarketStructure