$ICP is still trading within a long-term descending channel on the weekly, with price now sitting right at the lower boundary.

Momentum on the downside is fading,

If this level holds, here are the key upside targets to watch:

• $3.50 – first resistance zone

• $5.00 – mid-range of the channel

• $7.50 – major resistance area

• $10+ – macro breakout zone

A confirmed breakout above the channel would signal a major shift in structure and open the door for a much larger move.

For now, this level is critical. The reaction here will likely define the next trend.