Short-term momentum recovery pushes Internet Computer back to $3

ICP pushed past the $3 mark on rising trading activity, holding recent gains as traders reassess the token’s short-term trajectory.

The token climbed roughly 3% over the past 24 hours, trading near $3.01 after briefly touching highs around $3.03. The advance continued a short-term recovery from the upper $2.80s, with price action steadily forming higher lows before breaking through the psychologically important $3.00 level, according to CoinDesk Research’s technical analysis.

The move above $3.00 was accompanied by elevated volume, signaling renewed market participation as ICP tested a level that has recently acted as both support and resistance.

Attention now focuses on the $3.00 area as a key near-term support. A sustained hold could pave the way for further upside toward $3.05–$3.10, where previous selling pressure has emerged. Conversely, a drop below $3.00 would shift attention to $2.95, which has served as a base during prior pullbacks.

For now, ICP’s ability to maintain levels above $3.00 keeps the short-term outlook constructive, with traders monitoring volume and follow-through to see whether the move develops into a broader advance or consolidates within a range.