ICP at macro floor: base recovery toward $2.382
The Macro Picture 🗺️
ICP ground down from the $4.086 macro ceiling all the way to the $1.991 macro floor and has flattened onto it at $2.045. The long, steady bleed has given way to a base right on support — exhaustion rather than continuation.
The Setup ⚙️
The Accumulation Zone 🟢
$1.858–1.991 is where the selling has dried up. Macro Support has held on retest, with the $1.858 Local Low as the deeper backstop — this is the demand base a recovery would build from.
The Decision Point 🔴
$2.395 (Local High) is the structural gate. Before it, the $2.382 measured-move target is the first objective — reclaiming it proves buyers are stepping back in.
The Roadmap 🛣️
Hold the $1.991 floor → recover toward $2.382 → break $2.395. Invalidation is a clean daily close below $1.858 — that voids the accumulation thesis.
This is a textbook DCA Accumulation Zone setup: scale in across the $1.991 floor band and let the base do the work.
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