LONG IPUSDT.P from $7.0000 ๐ก Stop Loss: $6.6900
โฑ 1H Timeframe
โ Market Analysis: ๐ The IPUSDT.P price is showing strong upward momentum, breaking key resistance levels. ๐ The asset has held above the $6.8982 level, which may confirm a continuation of the uptrend. ๐ POC (Point of Control) at $4.8742 โ the highest volume area, previously serving as a consolidation point.
๐ข Holding above $6.8982 could confirm trend strength. ๐ข A dip toward $6.6900 (stop loss) could be a fakeout โ monitoring price action is crucial. ๐ข The $7.3100 level is the first TP, where a retracement may occur before further upside. ๐ข If the price breaks $7.6200, the move toward $7.8600 becomes more likely.
๐ IPUSDT.P is showing strength โ monitoring the $7.0000 breakout and securing profits as the price moves up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.