$IP is interesting right now because price already flushed from the recent high and is stabilizing near a short term demand zone. I’m watching this area because selling pressure slowed, wicks are forming below, and buyers are quietly absorbing sells. This kind of behavior often comes before a relief move.

I’m not chasing the earlier spike. I’m focused on the current base around 2.41 to 2.44 where price is holding after the drop. If this level stays protected, upside becomes very realistic.

Entry Point

2.42 to 2.45

Target Point

TP1: 2.52

TP2: 2.60

TP3: 2.70

Stop Loss

2.36

How it’s possible

I’m seeing a clear rejection from the lows, weaker bearish momentum, and price moving sideways instead of continuing down. That tells me sellers are losing control. If buyers step in with volume, price can easily move back into the previous range and test the highs again.

I’m staying patient and disciplined here.

Let’s go and Trade now $IP