$IP appears to have completed its absorption phase — and buyers are starting to regain initiative.

🟢LONG $IP

Entry: 2.65 – 2.70

Stop Loss: 2.55

TP1: 2.90

TP2: 3.05

Price isn’t expanding yet, but that’s part of the signal. Action is compressing above a clearly defined support zone, with pullbacks staying shallow and sell-side follow-through notably absent. On the lower timeframes, supply is being absorbed on dips while higher lows remain intact, suggesting positioning rather than exit.

This type of tight, controlled structure typically resolves once momentum aligns. As long as support holds, the path remains open for an upside expansion rather than another leg lower.

Trade $IP here 👇

IPUSDT

Perp

2.22

-8.41%