P/USDT has formed a solid base support in the $2.60–$2.80 zone over the 20 days, showing strong accumulation. Recently, it broke out of the key $3.30 resistance with significant buying pressure and volume, signaling bullish intent. More importantly, it also broke above a 140 day descending trendline, a major shift in structure. With this clean breakout and confirmation, IP is now looking primed for an upward continuation and potential trend reversal.
🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
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🧠 7+ yrs in crypto | ⚡ Scalp & swing trader | 📊 Price action lover | 🎯 Hunting setups daily
Disclaimer
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.