$IP looks very bullish,but it’s also getting overbought, so be careful. On the 1D timeframe,upside is still possible,but this is not a place to be careless keep stops tight.
The real breakout was the big move from 2.26 → 2.42 on strong volume.
Since then,price has been choppy near 2.62 resistance with weaker momentum.
Volume has dropped a lot while price pushed higher,which suggests buyers are slowing down.
Spot inflows are still strong (real demand),but perps are seeing outflows,likely profit-taking.
IPUSDT
Безсрочно
3.006
+15.17%
Long Trade Idea⚡
Buying Area: 2.52–2.54
Aggressive: Only buy a clean break above 2.642 with strong volume
🛑Stop: Below 2.48
🎯Targets:
Take Profit 1: 2.65
Take Profit 2: 2.78
Take Profit 3: 2.805
#RSI is very high,so don’t chase.