ICP Weekly - Tightly Coiled at a Multi-Year Decision PointInternet Computer / TetherKUCOIN:ICPUSDTStofAxeCapitalICP has spent months compressing near the lower end of its multi-year range. On the weekly chart, price is being squeezed between long-term descending resistance and the ~$2.00 support area. What I’m watching: • $2.00–$2.40 → key zone to hold • $4.20–$5.00 → first major area to reclaim • $6.49 → key Fibonacci level • $9.25–$9.85 → major resistance zone if momentum returns Weekly RSI has stabilized while MACD has been gradually curling higher after an extended period of negative momentum. No breakout is confirmed yet, but the compression is getting increasingly interesting. The descending trendline has defined ICP's macro structure for years. A confirmed weekly break and reclaim would materially change that structure. Until then, it's compression, not confirmation. I’m watching this one closely. Disclosure: I’m a builder in the Internet Computer ecosystem and founder of The Swop (theswop.app). Not financial advice.