⚡ $IP Showing Early Signs of Reversal — Bulls Gearing Up!
Trade #247
📈 Long Setup:
Entry Range: $3.90 – $3.75
Take Profit 1: $4.35
Take Profit 2: $4.70
Take Profit 3: $5.10
Take Profit 4: $5.55
🟢 Extended Take Profit Zone: $6.00 – $6.50
Stop Loss: $3.10
💡 Why This Trade?
$IP has been in a deep correction phase but finally shows a strong bullish candle with volume support right from the $3.40 bottom.
Price has reclaimed the short-term EMA zone, signaling a possible shift in sentiment.
A move above $4.20 could ignite further upside momentum toward mid-term resistance at $5.50+.
Summary:
Bias: Bullish above $3.90.
Spot buyers can start accumulating gradually.
Futures traders — enter with patience and trail stops once TP1 is hit.
IPUSDT
Perp
3.22
-12.02%