$IP /USDC Perp Trading Strategy
📈 Market Insight:
$IP/USDC is up +34.36%, showing strong bullish momentum. Price surged from a low of $3.46 to nearly $4.94, now consolidating just below the upper Bollinger Band ($5.01). The price is currently at $4.67, and the Bollinger Bands are expanding—indicating high volatility and a potential continuation if momentum sustains.
🟢 Entry:
Buy Zone: $4.45 – $4.65
(Look for a retest of support or consolidation just above the mid-Bollinger Band)
🎯 Targets:
Target 1: $5.00 (Upper Bollinger Band / psychological resistance)
Target 2: $5.25 (Short-term extension target from momentum)
Target 3: $5.50 (Fib extension + psychological round level)
🛑 Stop Loss:
Stop: $4.21
(Below key intraday support and the mid-Bollinger Band at $4.41)
📌 Key Levels:
Support: $4.21 / $4.00 / $3.80
Resistance: $5.00 / $5.25 / $5.50
Pivot (MB): $4.4071
Bollinger Bands:
Upper: $5.0081
Middle: $4.4071
Lower: $3.8061
💡 Pro Tip:
If price breaks and closes above $5.00 with volume > 20M USDC, consider adding on pullbacks for a trend-following breakout. However, avoid chasing above $5.00 without confirmation — it could be a wick trap on low liquidity.
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