$IP
IP
Alpha
1.15059
-0.54%
EP: $1.16
TP1: $1.42
TP2: $1.74
TP3: $2.05
SL: $0.98
$IP has found support after a long liquidation at $1.134, and buyers are defending the zone. Price is forming higher lows on short-term charts, showing early signs of a bullish structure.
Momentum is turning positive, and reclaiming $1.42 with volume sets the stage for a move toward $1.74 and $2.05. Holding above $1.16 is key; a break below $0.98 would suggest the setup has failed and the downtrend may resume.