Price action is forming a parabolic curve, suggesting aggressive buyer interest.
IP/USDT has shown strong bullish momentum, breaking above the $11.69 resistance and extending toward $13.25. The ascending trendline from recent lows remains intact, highlighting sustained buying pressure.
Support Levels: $11.69 (newly flipped support) and $8.99 – both zones are crucial to maintain the bullish structure.
Immediate Resistance: $15.98 – a breakout above this level could open the way toward higher highs.
Trend Outlook: As long as IP holds above $11.69, momentum favors the bulls with potential continuation toward $16. A pullback into $11.7 may offer a retest buying opportunity.
IP/USDT has shown strong bullish momentum, breaking above the $11.69 resistance and extending toward $13.25. The ascending trendline from recent lows remains intact, highlighting sustained buying pressure.
Support Levels: $11.69 (newly flipped support) and $8.99 – both zones are crucial to maintain the bullish structure.
Immediate Resistance: $15.98 – a breakout above this level could open the way toward higher highs.
Trend Outlook: As long as IP holds above $11.69, momentum favors the bulls with potential continuation toward $16. A pullback into $11.7 may offer a retest buying opportunity.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.