$IP Sitting at Major Demand — Early Reversal Zone ⚠️
Long Trade Signal (Scalping):
Entry 1: 1.55 – 1.50
Entry 2: 1.46 – 1.43
TP1: 1.68
TP2: 1.85
TP3: 2.05
SL: 1.37
Leverage: 15–30x (keep risk tight)
Open Trade in Future👇🏻
Spot Traders:
Spot buyers can start gradual accumulation near the lower range. This is a patience zone, not a chase setup.
Why This Trade:
$IP has been bleeding for weeks and is now trading close to its daily and weekly base, where aggressive selling usually slows down. The recent push toward 1.44 support shows sellers are struggling to extend the downside, indicating sell pressure exhaustion.
Price is no longer making impulsive breakdowns. Instead, it’s compressing near demand — a typical behavior before short-term relief moves. This makes fresh shorts risky at these levels, while longs offer a clean risk-to-reward if buyers step in.
From a broader market view, rotation into deeply oversold altcoins is starting slowly. IP fits that profile well, sitting far below prior value areas and ready for a technical bounce.
Support Zones:
• 1.45 – 1.43 (primary demand)
• 1.38 – 1.35 (last strong defense)
Resistance Zones:
• 1.68 – 1.72 (near-term supply)
• 1.95 – 2.10 (trend shift zone)
As long as $IP holds above 1.43, this setup favors upside reactions over further downside continuation. Trade patiently, protect capital, and trail profits if momentum expands.
And remember — if you’re not following Token Talk, you’re missing these bottom-range trades before the bounce starts.