$IP About to PLUMMET 📉

Entry Zone: 1.66 – 1.69

TP1: 1.632

TP2: 1.605

Stop Loss: 1.724

Leverage: 20x – 50x

Margin: 2% – 5%

Massive distribution spotted on $IP from the 3.20+ levels – the structure is weak, plain and simple. That recent bounce from 1.42? Purely corrective, lacking the volume needed for a real move. 🐻

Price is now hitting resistance between 1.65 and 1.70, a zone that once held as support. Sellers are firmly in control while $IP remains below this key area, and every attempt to push higher is getting shut down fast.

Don't fall for the fake-out! Unless we see a decisive break above 1.75, this looks like a classic liquidity grab before another leg down. 🔻 Secure those shorts!

#IP #ShortScalp #CryptoTrading #Altcoins 🚀

IP
IPUSDT
1.505
-6.98%