ICP 8H – Compression Between Rising Support & Macro TrendlineICP / TetherUSBINANCE:ICPUSDTBKVIPICP on the 8H timeframe is currently trading around 2.35 after bouncing from the ascending support trendline near 2.20. Price has been forming higher lows while still trading below the larger descending resistance trendline coming from the January highs. Structure is compressing. Key Levels To Watch • 2.20–2.25 → Rising trendline support • 2.35 → Current reaction zone • 2.50 → First resistance • 2.70+ → Major supply zone • Below 2.20 → Structure weakness As long as ICP holds above the ascending trendline, short-term structure favors gradual recovery. A clean break above 2.50 opens room toward the 2.70 supply region. However, failure to hold 2.20 would invalidate the higher-low structure and expose 2.05–2.00 liquidity. This is a classic compression setup. The breakout from this tightening structure will define the next directional expansion. Neutral inside compression. Bias shifts only on confirmation.