ICP Slips Back Toward Recent Lows as Rally Attempt Fades
CoinDesk
Internet Computer (ICP) fell back toward recent lows after failing to sustain an intraday rally above $3.28.Summary
Internet Computer (ICP) traded lower, falling to around $3.13 after an attempt to rally stalled near the $3.25–$3.30 resistance zone, erasing most of the session's gains. The price action saw elevated volume during the reversal, suggesting active repositioning as ICP failed to hold above short-term support levels.
Technically, ICP remains below its recent consolidation midpoint, with lower highs defining the short-term structure. The failure to reclaim and hold above the $3.25–$3.30 area reinforces the view that overhead supply is concentrated above current levels, keeping trading conditions consistent with consolidation under resistance rather than a confirmed trend reversal.
(Source：CoinDesk)