2026-01-16 04:22:19

IP has gone through this wave of correction and seems to have completed the accumulation phase. Although it was a bit surprising to see the price drop from the high point, a careful observation of the market indicates that this is more like a healthy consolidation rather than a true decline.

From a technical perspective, the key support level is at 2.38. Currently, the price is oscillating within the 2.45-2.55 range, which I recommend as an entry point. It’s worth noting that trading volume has decreased during the correction, indicating that selling pressure is not strong, and the main funds have not truly exited.

There are no signs of panic selling in the pattern, and the structure remains quite intact. This "not falling" situation often suggests that the next upward wave is just around the corner. If the price can hold above 2.38, the probability of continuing the upward move is quite high. I see two target levels: 2.80 and 3.10.

Considering that IP itself has solid ecological support and narrative foundation, along with the recent market sentiment gradually warming up, this is indeed a good opportunity to take a small stop-loss and aim for larger gains. As long as the support level is maintained, the risk is actually manageable.

IP-1,31%

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TommyTeacher

· 01-18 05:41

If you can't fall, you need to get up. Holding at 2.38 will keep it stable.

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RektHunter

· 01-18 03:59

2.38 If I can't hold it, I'll cut my losses. Don't talk to me about ecological narratives.

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JustAnotherWallet

· 01-16 13:43

This wave is really bottoming out; if it can't fall further, it means it's about to take off.

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Self-CrossingTskTskTskTsk

· 01-16 08:53

Experienced driver, guide me 📈

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DeadTrades_Walking

· 01-16 04:49

It's that same 2.38 support theory again... Every time I say this, I end up catching the bottom halfway up the mountain. But the fact that trading volume has indeed decreased is somewhat interesting; it feels like the consolidation isn't as pessimistic as it seems. Bet on entering at 2.45, praying it doesn't fall below. If this round of correction can be controlled, there's hope; if it breaks down, just say goodbye. Reliable analysis, just waiting for the moment when I can realize a profit at 2.80.

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LonelyAnchorman

· 01-16 04:45

Not being able to fall further is actually a good sign; shrinking volume indicates that no one truly wants to sell off. This is the main force waiting for an opportunity.

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StablecoinEnjoyer

· 01-16 04:41

This wave indeed can't be pushed down anymore. It looks like the main force hasn't escaped. I bet 2.38 can hold. Wait, with this analysis, you dare say the risk is controllable? Will history repeat itself? The signal of shrinking volume reaching the bottom still shows some signs, but I will remain cautious. That 2.80 target is a bit optimistic. I think we should first get past 2.65. I'm optimistic about the IP narrative, but don't rely too much on technical analysis. In the end, it still depends on market sentiment. Feels like I'm about to be trapped again. Why do I always buy at the high points? Charging up? Or falling behind? Who knows?

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UnruggableChad

· 01-16 04:40

Hi, I've seen the shrinking volume tactic too many times. It's that traditional stage of "main force accumulating," and I wouldn't believe you anyway. By the way, can 2.38 really hold up? Every time it's said, and the result is... But to be fair, the IP ecosystem does have some real skills; taking a gamble is still possible. If it can't fall further, it must be ready to take off? I feel like it could still be pushed down more.

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