ICP Price Drops Below $3.40: Bearish Trend Intensifies for Internet Computer

The Internet Computer (ICP) token continues its downward trajectory, solidifying a bearish market structure after breaking through the critical $3.40 support level. This latest decline extends recent losses, increasing selling pressure and raising concerns among traders. Technical analysis indicates that the breakdown below this key threshold could open the door for further downside, with market participants closely watching for the next potential support zones. The sustained drop reinforces the prevailing negative sentiment surrounding ICP's short-term price action, as the cryptocurrency struggles to find a stable footing amid broader market uncertainty.