$IP ‌IP saw a strong rejection near the 2.90 zone, followed by a sharp downside move toward 2.17. That drop looks like a fast liquidity sweep. After touching that low, price bounced and is now stabilizing around 2.55.

Selling pressure has slowed, but buyers are still cautious.
🔍 Short-Term View (15m – 1h)
Price is below short EMAs, showing short-term weakness
Momentum indicators are mixed, not fully oversold
2.45–2.40 is the nearest support area
Holding above this zone keeps the structure stable.
⏳ Mid-Term View (4h)
Trend is bearish to neutral
Strong resistance sits around 2.70–2.80
A real recovery needs acceptance above this range
Without that, upside may remain limited.
🔮 Possible Scenarios (Personal Opinion)
Stabilization Scenario:
If 2.40 holds, price may move sideways between 2.40–2.65 before the next move.
Bearish Scenario:
If 2.40 breaks, price could revisit the 2.20–2.17 support zone.
🧠 Final Thought
IP is in a decision zone after a sharp move. Not a chase area — confirmation matters more than speed here.
This is my personal market view, not financial advice. Always manage risk and trade responsibly.