$IP has merely gone near vertical in a short period of time and has just printed a clean rejection wick off of the local top. Price is currently resting at or below the top with momentum winding down, which is typical of an exhaustion pattern. After such a strong move, it is likely that there will be at least a pullback to major averages.

Entry Zone: 2.56 – 2.62

Take-Profit 1: 2.48

Take-Profit 2: 2.38

Take-Profit 3: 2.25

Stop-Loss: 2.70

Leverage (Suggested): 3–5X

The bias is still short and range-bound, with the price below the last high. Buyer patience will be rewarded, while sellers will get their chance quickly.

#BinanceHODLerBREV #CPIWatch #USBitcoinReservesSurge #IP

IPUSDT

Perp

2.583

+20.36%