📉 $IP USDC Reversal in Progress or Just a Relief Rally?
After a steep decline, IPUSDC has bounced off the $2.42 support zone and rallied to a high of $3.17 before pulling back. The current price at $2.83 suggests a potential retest of support-turned-resistance. If buyers step in, the pair could push higher. But if it fails to hold above $2.80, a further drop may follow.
📊 Trade Setup:
Entry: $2.80 – $2.85
Take Profit 1: $3.00
Take Profit 2: $3.15
Take Profit 3: $3.40
Stop Loss: $2.69
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