- ICP traded near $3.82 while three sell walls between its price and $4.475 continued to limit upward movement.
- The token maintained firm support at $3.63, which kept intraday declines contained and shaped short-term structure.
- Resistance at $3.86 remained the nearest barrier, with rising volume spikes appearing during attempts toward this level.
Internet Computers moved within a narrow band as the market focused on several overhead sell walls. The token traded near $3.82, which reflected a 2.1% increase during the session. Its pair readings also remained steady. ICP held at 0.00004091 BTC, marking a 1.6% gain, while its chart structure stayed aligned with the short-term range. However, the asset continued to face pressure from three major sell walls that extended toward $4.475, and these areas shaped trading expectations. The broader setup therefore centered on resistance behavior, particularly because the 24-hour range remained tight and kept movements controlled.
Sell Walls Restrict ICP’s Upside as Volume Spikes Near Resistance
The chart showed three sell walls stacked between the current level and $4.475, and these layers capped every test higher. The nearest barrier sat at $3.86, which acted as the defined resistance level for the session. Each approach toward this zone met increased sell-side activity, and this activity kept price contained. Notably, the walls also aligned with earlier rejection points on the chart, which strengthened their relevance.
However, the chart also displayed intervals of rising volume during short bursts upward, which highlighted active participation during reactions near resistance. This behavior maintained attention on how the token interacted with its upper boundary.
ICP Holds Firm Above Key Support as Price Tracks Toward Layered Sell Walls
The $3.63 support level held its position throughout the session, and it created a stable lower boundary. ICP consistently traded above this level, which helped limit the downside during brief pullbacks. The stable base also shaped short-term sentiment, as traders measured each move relative to this support.
Furthermore, the narrow space between price and support suggested heightened sensitivity to incoming momentum, and this sensitivity kept the market alert. The controlled distance between both boundaries defined the structure for the day.With price positioned below $3.86, traders monitored whether ICP would retest its nearest sell wall. The spacing of the three walls up to $4.475 outlined the next sequence of levels on the chart. This structure offered a reference for potential future trends as the market evaluated short-term activity within the range.
Earn more PRC tokens by sharing this post. Copy and paste the URL below and share to friends, when they click and visit Parrot Coin website you earn: https://parrotcoin.net0
PRC Comment Policy
Your comments MUST BE constructive with vivid and clear suggestion relating to the post.
Your comments MUST NOT be less than 5 words.
Do NOT in any way copy/duplicate or transmit another members comment and paste to earn. Members who indulge themselves copying and duplicating comments, their earnings would be wiped out totally as a warning and Account deactivated if the user continue the act.
Parrot Coin does not pay for exclamatory comments Such as hahaha, nice one, wow, congrats, lmao, lol, etc are strictly forbidden and disallowed. Kindly adhere to this rule.
Constructive REPLY to comments is allowed