- Trading pair: IP-USDT
- Time range: 2026-01-11 12:00:00 ~ 2026-01-17 04:00:00
- Data nature: Real-time candlestick chart
## Candlestick Pattern Deep Analysis
1. Strong bullish momentum appears at the beginning of the chart (around 1.97175) - Consecutive green candles with increasing volume - Strong bullish signal
2. Large bullish engulfing pattern around 01-13 - Complete reversal of previous red candle, showing strong buying pressure - Very strong bullish signal
3. Peak formation at 4.19002 followed by bearish engulfing pattern - Exhaustion of buying momentum, reversal signal - Strong bearish signal
4. Sharp bearish candle after peak (around 01-14) - Significant price rejection with high volume - Strong bearish continuation signal
5. Double bottom pattern forms around 2.4 level (01-15 to 01-16) - Price tested support twice and bounced - Moderate bullish reversal signal
6. Latest green candle shows recovery attempt at 2.72456 - Potential short-term reversal - Moderate bullish signal
## Technical Indicator Analysis
1. EMA Analysis:
- EMA7 (2.68387) positioned above EMA25 (2.80146) and EMA99 (2.41974) - Short-term bullish structure despite recent correction
- Price currently trading between EMA7 and EMA25 - Consolidation zone
2. MACD Analysis:
- MACD line (-0.05797) below signal line (0.00093) - Recent bearish momentum
- Histogram bars turning from green to red - Increasing bearish pressure
- DIF value at -0.05703 indicates negative momentum
3. Volume Analysis:
- Significant volume spike during initial rally
- Higher than average volume during recent recovery - Confirms strength of current move
- Volume declining during consolidation phase - Typical pre-breakout behavior
## Support and Resistance Levels Judgment
Resistance Levels:
- Strong resistance at 4.00 (psychological level and previous take profit area)
- Secondary resistance at 3.35 (previous consolidation zone)
- Immediate resistance at 2.80 (EMA25 level)
Support Levels:
- Immediate support at 2.40 (recent double bottom)
- Strong support at 2.27 (visible from previous price action)
- Major support at 1.97 (beginning of current rally)
## Comprehensive Technical Evaluation
The IP-USDT pair has experienced significant volatility, with a strong initial rally from 1.97 to 4.19 (110% gain), followed by a sharp correction. The current price action shows a potential recovery attempt after finding support around the 2.4 level. The EMA structure remains bullish overall despite the recent correction, with shorter-term EMAs above longer-term ones. However, the MACD indicates ongoing bearish momentum that needs to be overcome for a sustained uptrend.
## Conclusion
IP-USDT is currently in a recovery phase after a significant correction from its peak. The price is testing the EMA7 support while facing resistance from the EMA25. Traders might consider:
1. Short-term strategy: Look for entries near the 2.40 support with tight stop losses below 2.35
2. Medium-term outlook: Monitor for a break above 2.80 for continuation of the bullish trend
3. Risk management: Place stop losses below 2.27 to protect against further downside
Remember that cryptocurrency markets remain highly volatile, and proper risk management is essential. This analysis represents the current technical situation only and market conditions can change rapidly.
