🧪 IP/USDT (4H Chart)
Massive Bounce Rejected at MA20. What’s Next?
📊 Chart Snapshot:
• Current Price: $3.05164 (+21.37%)
• Timeframe: 4H
• MA(20): $3.053
• MA(50): $3.416
• MA(99): $3.734
• Recent Low: $2.433
• 24H High/Low: $3.170 / $2.433
🧵 Summary:
After a violent drop, IP/USDT surged nearly +30% from $2.43, but now faces resistance at the MA(20). Price wicked above $3.05 but couldn’t hold — classic early retest rejection.
🔄 Market Behavior:
• Bearish structure still intact on higher timeframes.
• Short-term bulls showed strength, but supply is visible around $3.05–$3.17.
• Watch for confirmation of breakout or rejection.
⚡️ Momentum Snapshot:
• 🔋 Volume spike = demand revived.
• ⛔️ MA(20) = acting as a pivot/resistance.
• 🎯 Decision zone between $2.95–$3.05.
🟢 LONG Setup (If bullish breakout above $3.05 holds):
• Entry: $3.00–$3.05 (on pullback or confirmation)
• TP1: $3.17
• TP2: $3.34 (mid resistance)
• TP3: $3.65 (full recovery level)
• Stop Loss: Below $2.70 (under recent support zone)
📌 Risk Note: Only long if we close a 4H candle above $3.05 with strength. Volume confirmation needed.
🔴 SHORT Setup (If rejection confirmed at $3.05):
• Entry: $3.05–$3.10 (wick rejection zone)
• TP1: $2.85
• TP2: $2.70
• TP3: $2.45 (bounce origin)
• Stop Loss: Above $3.20 (above rejection high)
📌 Risk Note: A fakeout above $3.05–$3.10 is possible. Watch 4H candle closes closely.
⚖️ Consolidation Scenario:
If price stays trapped between $2.70–$3.05, expect choppy action with no clear trend — best to wait for breakout or breakdown.
⚠️ DYOR – This setup reflects technical zones from the 4H chart. Always confirm with price action and avoid chasing entries after major candles. Crypto is volatile — manage your risk and position size wisely.
💬 Are you planning to catch the breakout or fade the rejection? Comment below with your plan!
