#SwingTradingStrategy I came with IP coin analysis for seven friends.

IP coin has recovered with a strong green candle after a sharp decline. This sudden reaction indicates that buyers have stepped in and a short-term reversal may begin. However, for this increase to continue healthily, a pullback seems inevitable. The Fair Value Gap (FVG) area marked on the chart is the first area where this correction could occur.

The first reasonable long area is between 2.77 – 2.82 USDT. This is both a pocket where liquidity can be gathered and an area where the FVG is located. If the price pulls back to here and balances, it will be a very suitable level to take a long position.

The second, deeper, and more aggressive buying area is the 2.60 – 2.65 USDT range. This area stands out as the point where the previous horizontal pricing and the 1-hour support structure intersect. If the market goes for a sharper correction, this level could act as a strong buying area.

As the first upward target, the 3.10 – 3.15 range stands out. This area is both a psychological resistance and an important level where the previous downward movement began. If this level is also broken, the next targets could be 3.50 and above.

In summary, after this strong reaction in IP coin, it is likely that the price will pull back a bit and gather strength at the supports. Purchases made between the 2.77 and 2.65 levels could offer a low-risk and high-reward opportunity according to price action. $IP