ICP Technical Outlook: Price Stabilizes Near $3.40 Support as Bearish Structure Persists
Internet Computer (ICP) remains under sustained bearish pressure after a strong rejection from higher Fibonacci resistance levels. The broader trend structure is still bearish, but price is now showing early signs of stabilization near a key demand zone, suggesting downside momentum is gradually slowing.
The major sell-off began after ICP failed to sustain above the $7.14 (0.618 Fib) and $8.33 (0.786 Fib) levels, followed by a decisive breakdown below the mid-range structure and key moving averages.
EMA St

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