🚨 $IP is sitting under both EMAs — and buyers aren't showing up.

🔴 SHORT $IP

IPUSDT

Perp

1.163

+1.57%

Entry: $1.105 – $1.118

SL: $1.160

TP1: $1.080

TP2: $1.050

TP3: $1.020

Price is trading below both EMA(20) and EMA(50) after failing to hold the $1.15 range. Each bounce gets rejected at lower highs, and volume is drying up on rallies. This isn't accumulation — it's distribution in slow motion.

Invalidation is a daily close above $1.160.

Are you catching this dip or waiting for structure to flip?