ICP Under Pressure: Token Breaks Below Support, Volume Spikes at Resistance

The Internet Computer (ICP) experienced a notable downturn this week, breaking below the crucial $4.95 support level. This drop was accompanied by a significant volume surge near resistance, signaling a fresh rejection and tightening downward pressure on the token. Despite modest gains over the past 24 hours, ICP remains under significant downside risk as it struggles to regain lost ground.