🔥 $IP — Bullish Pullback Inside an Uptrend
IP is currently in a bullish correction, not a breakdown — a textbook pullback within an active uptrend. On the 1H timeframe, this sets up a cautious long, with DCA favored over chasing.
Volume tells the story:
Recent red candles show shrinking sell pressure — the latest push hit just 551k volume vs ~5M average. Sellers are clearly losing momentum.
Capital flow snapshot:
Spot: –$2.29M (24h), but improving to +$1.29M in the last 12h
Futures: Strong +$14.42M inflow (24h) despite minor pullbacks
That divergence often signals quiet accumulation by smarter players.
📊 Long Setup ($IP):
Primary Entry: Around 3.616 support, only after a clear bullish reversal on 1H
Alternative Entry: Break & hold above MA10 at 3.893 with volume confirmation
Stop Loss: 3.48 (room for volatility)
🎯 Targets:
TP1: 3.951
TP2: 4.151
Trend remains intact.
Patience > FOMO. Let the setup confirm.