$IP is struggling below 1.120 resistance, with lower highs forming and weak buying pressure. The structure suggests sellers are preparing for another downward move.

Short Setup:

• Entry: 1.090–1.105

• Target: 1.065 / 1.040

• Stop Loss: 1.125

A clean break below 1.075 support will confirm bearish continuation and open the path toward deeper correction levels.

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