๐ $IP Market Update
IP made a strong rebound after the deep flush to $0.97, now trading around $6.75 (+17%).
Short-term trend is recovering, but still below key resistances at $7.3 โ $8.2.
๐น 1H: Pullback after testing $7.36
๐น 4H: MACD turning positive, RSI still strong
๐น 1D: Recovery within a downtrend
Scenarios:
โข โ If price holds > $6.55 โ possible push to $7.3 โ $7.5
โข โ ๏ธ If it breaks < $6.50 โ may retest $6.0 โ $5.6
Risk management first โ volatility remains high.