ICP Price Retests $3 Support Cluster as Liquidity Walls Define Next Move

Internet Computer (ICP) is retesting a key support cluster around $3.039, $3.009, and $2.977 as bearish momentum cools but continues to dominate the daily trend. Technical indicators, including downward-sloping 9-day and 20-day EMAs, a negative MACD, and an RSI in the mid-30s, point to sellers remaining in control while hinting at potential stabilization. Large bid and ask liquidity walls in the order book between $0.723 and $5.050 are expected to influence whether ICP extends its breakdown or rebounds toward resistance at $4.659, $4.908, and $5.050.