Memecoin News: Internet Computer Reclaims $3 as Short-Term Momentum Improves

Internet Computer (ICP) moved back above the $3.00 level over the past 24 hours, as improving short-term momentum and rising trading activity helped the token reclaim a closely watched psychological threshold.ICP rose roughly 2.7%–3% on the day, trading around $3.01 after briefly touching highs near $3.03, according to CoinDesk Research technical analysis data.Break above $3 follows steady recovery from late-December lowsThe advance extended a short-term recovery that began from the upper $2.80s, where ICP had been consolidating after recent weakness. Price action during the rebound showed a pattern of higher lows, gradually building momentum before clearing resistance in the $2.95–$3.00 zone.The move through $3 was accompanied by increased trading activity, signaling renewed engagement as the token pushed through an area that has recently acted as both support and resistance.$3 level now in focus as near-term supportWith the breakout in place, attention has shifted to whether ICP can hold above $3.00 on a sustained basis. A successful defense of the level would keep the short-term bias constructive and could open room for a retest of the $3.05–$3.10 area, where prior selling pressure has emerged.On the downside, a failure to maintain the $3 handle would refocus attention on the $2.95 region, which has served as a near-term base during recent pullbacks.