💥 BREAKING Alert 🚨🔥🚨🔥 $IP

IPUSDT

Perp

2.119

-2.35%

Clear Downtrend but oversold, I'd consider Scalp Long for Bounce Play

Recent candles show elevated volume (7.53M at 2.346) during declines, suggesting capitulation. Weak volume on minor rallies reflects lack of buyer conviction.

Capital Flow: Consistent net outflows in contracts (-8.39M 24h) and spot markets (-156.7K 7d) reflect institutional selling. However, minor 24h spot inflow (40.7K) hints at potential accumulation near lows.

Entry long $IP : Enter near Support zone 2.279–2.305 if RSI6 crosses above 15 or price forms a bullish hammer candle. Avoid chasing below 2.215 (lower support).

Stop-Loss: 2.210 if entered at 2.279

Target Price $IP address: 2.470 (resistance level), or 2.597 (next resistance) if momentum strengthens