$IP /USDC Trading Strategy

Market Insight:

$IP has surged +25%, showing strong bullish momentum. Price is near the upper Bollinger Band, indicating short-term overbought conditions. Trading volume (especially on the USDC side) supports the upward move.

Entry:

āœ… $4.30 – $4.50 (ideal pullback zone near the middle Bollinger Band)

Targets:

šŸŽÆ Target 1: $4.84 (recent high)

šŸŽÆ Target 2: $4.97 (Bollinger upper band)

šŸŽÆ Target 3: $5.02+ (psychological round level / breakout target)

Stop Loss:

āŒ $4.15 (below support & Bollinger mid-line)

Key Levels

Resistance: $4.84, $4.97, $5.02

Support: $4.47 (current price), $4.21, $3.88

Pivot: $4.43 (Bollinger Mid Band)

Pro Tip

Wait for a slight dip to $4.30–$4.50 before entering. If price breaks above $5.00 with strong volume, consider a momentum scalp. Always manage risk with a tight SL due to recent volatility.

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