Thinking to invest in $ip? #signal #ipsignal

Wrong entry at the moment!! It’s getting down!!

Yes, based on the chart and indicators, the price of IPUSDT appears to be in a downtrend at the moment. Here’s why:

1. Recent Price Movement: The last price is $6.26278, showing a -3.10% decrease. The red candles indicate downward momentum.

2. Moving Averages: The 7-period moving average (MA7) is 6.63680, while the price is below this level, suggesting weakness.

3. RSI (Relative Strength Index): The RSI values (51.30, 60.20, 62.75) indicate that momentum is cooling down from previous strength.

4. Candle Pattern: The recent red candle and the pullback from highs suggest that selling pressure is increasing.

If you’re looking for an entry or exit, watch for support levels near $6.00 or a bounce from moving averages. Would you like a more detailed analysis or strategy?