$IP Short Liquidation: $14.09K at $2.83713
Short sellers were aggressively squeezed as IP pushed above the $2.84 level, confirming acceptance above prior resistance rather than a single liquidity sweep. The continuation suggests real demand entering the market.
Entry (EP): $2.795
Take Profit (TP): $3.060
Stop Loss (SL): $2.710
Market Outlook:
$IP maintains a constructive short-term bullish structure following consecutive short liquidations. As long as price holds above the $2.80–$2.84 support band, further upside continuation remains likely. Momentum is strong but extended risk management remains critical.
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