$IP Reversal From Base – Dip Buy Scalping Setup 🔄
Long Trade Signal (Scalping):
Entry: 1.70 – 1.60
TP1: 1.85
TP2: 2.05
TP3: 2.30
SL: 1.48
Leverage: 10–25x (strict risk control)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers can accumulate slowly near support zones and add only on pullbacks. No chasing at highs.
Why This Trade:
$IP has completed a long corrective move and is now showing a clear base with higher lows forming. The recent bounce from the bottom suggests sellers are losing control and buyers are stepping back in.
Shorting here is risky because price has already moved away from the lows and downside is limited compared to the upside potential. This looks more like a trend shift than a dead-cat bounce.
Support Zones:
• 1.60 – 1.55 (first demand zone)
• 1.48 – 1.42 (major structure support)
Resistance Zones:
• 1.85 – 2.05 (near-term supply)
• 2.30 (breakout resistance)
As long as $IP holds above 1.60, continuation toward higher targets remains the preferred scenario. A clean break above 1.85 can bring strong momentum.