$IP

IP swept intraday lows and quickly reclaimed the level, signaling liquidity absorption and short-term seller exhaustion.

Momentum is stabilizing above support, opening room for a controlled bounce continuation.

Entry Price (EP): $1.10 – $1.13

Take Profit (TP): $1.18 / $1.24

Stop Loss (SL): $1.06

Trade Targets: TG1 $1.16 / TG2 $1.21 / TG3 $1.28

If $1.10 holds on pullbacks, continuation toward upper liquidity remains likely.

Pro Tip: When small caps defend range lows after heavy drawdown, mean reversion setups often offer tight R:R.

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