IP Breaks $11.7 – Is $16 the Next Target?

Price action is forming a parabolic curve, suggesting aggressive buyer interest.

IP/USDT has shown strong bullish momentum, breaking above the $11.69 resistance and extending toward $13.25. The ascending trendline from recent lows remains intact, highlighting sustained buying pressure.

Support Levels: $11.69 (newly flipped support) and $8.99 – both zones are crucial to maintain the bullish structure.
Immediate Resistance: $15.98 – a breakout above this level could open the way toward higher highs.
Trend Outlook: As long as IP holds above $11.69, momentum favors the bulls with potential continuation toward $16. A pullback into $11.7 may offer a retest buying opportunity.