Hyy Guys! $IP has broken out from a multi day consolidation range and flipped the previous resistance zone into support. On the 1H and 4H structure, price is holding above key moving averages with strong volume confirmation, which points to continuation rather than a blow off top. As long as it stays above the breakout zone, the trend remains bullish and pullbacks are likely to be bought.

Key levels

Support zone 2.35 to 2.40

Resistance zone 2.55 to 2.60

IPUSDT

Perp

2.584

+21.48%

Targets

TP1 2.60

TP2 2.75

TP3 2.95

Stop loss

2.28

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