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$IP consolidates with a slight dip of -0.87%, trading in a defined range after a recent pullback from highs. The price is currently testing support near the $2.03 level, hovering below the key moving averages, which indicates near-term bearish pressure. Volume is subdued, suggesting a lack of strong directional conviction. This is a classic cooling-off phase—watch for a decisive break above $2.12 or below $1.99 to determine the next move.
Entry: Long on a break above $2.12. Short on a break below $1.99.
TP 1 : $2.20
TP 2 : $2.28
TP 3 : $2.36
SL : Below $2.04
Short
TP 1 : $1.92
TP 2 : $1.85
TP 3 : $1.78
SL : Above $2.05