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Internet Computer (ICP) Advances as Consolidation Holds Below $6.66 Resistance Price

Internet Computer (ICP) is currently trading within a narrow range, maintainig support at $6.05 and resistance at $6.66. Despite a bullish attempt with a volume spike of 68% during a test of the resistance, the breakout was unsuccessful, leading to a significant decline in trading activity. Over the past 24 hours, ICP saw a minor increase of 2.25%, yet overall, it remains locked within a tight consolidation pattern following a significant retracement from earlier November highs above $9.80. The absence of fresh catalysts has left the price action in a state of equilibrium. Traders are closely monitoring these key levels, with no definitive directional move until a volume-driven push occurs.

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