$IP is stabilizing after the sharp rejection from the 1.442 reaction low and price is now holding above the short term demand zone. I’m watching this closely because sellers pushed aggressively into the lows but failed to continue and buyers stepped in with strong recovery candles. The 15m structure shows a bounce followed by tight consolidation which suggests momentum is trying to reset rather than break down.
Entry Point
1.56 – 1.52
Target Point
TP1: 1.62
TP2: 1.68
TP3: 1.75
Stop Loss
1.48
It’s possible because every dip near the 1.52 area is getting absorbed quickly and selling pressure has clearly reduced after the bounce. If IP stays above the 1.50 support zone the move toward 1.62 becomes the natural first step before momentum attempts continuation toward the upper range.
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IPUSDT
Prep
1.551
+6.30%