$IP Still Under Pressure, Bounce Is Weak ⚠️
Short Trade Signal (Scalping):
Entry 1: 1.58 – 1.61
Entry 2: 1.65 – 1.72
TP1: 1.50
TP2: 1.43
TP3: 1.30
SL: 1.78
Leverage: 15–30x (strict risk control)
Open Trade in Future👇🏻
Spot Traders:
Avoid aggressive spot buying for now. Spot accumulation only makes sense near major demand after clear stabilization.
Why This Trade:
$IP is still in a strong bearish trend on the daily timeframe. The recent bounce from 1.44 was only a relief move after heavy selling, not a trend reversal. Price failed to reclaim key resistance and is now moving sideways under pressure.
Buyers are weak, volume is not expanding meaningfully, and every bounce is being sold. This makes short setups safer than longs until the structure changes.
From a broader market view, IP is lagging compared to other alts that already bounced from weekly demand. That relative weakness matters — capital flows away from coins that fail to show strength early.
Support Zones:
• 1.44 – 1.40 (current demand)
• 1.30 – 1.25 (next major downside area)
Resistance Zones:
• 1.60 – 1.65 (sell pressure zone)
• 1.70 – 1.75 (trend invalidation area)
As long as $IP stays below 1.70, the bias remains short on rallies. Don’t chase longs in a downtrend — patience pays more than hope.
If you’re not following Token Talk, you’re making a mistake while others trade structure, not emotions.