IPUSDT → Exit from the triangle may trigger a distribution of

1 112
IPUSDT.P is forming positive preconditions for possible growth. Bitcoin slightly revitalized the market after positive news related to SEC and XRP (the crypto community did not miss this fact)

The IP coin was in consolidation for a long time - a symmetrical triangle. Rising lows, consolidation, breakout of triangle resistance give positive signs of readiness for distribution (realization of consolidation). Ahead is the key resistance at 5.6297 separating the market from the free zone

Resistance levels: 5.6297, 6.631
Support levels: 5.116, 4.783


Price has been sticking to triangle resistance for the past few days and is gaining potential for breakout and realization. Numerous intraday retests of the area indicate the market's interest to break beyond this zone. A breakout of 5.6297 and price consolidation above the triangle will be a good signal of readiness to go up.

Regards R. Linda!
Trade active
snapshot
The coin consolidates above the key support line and begins to realize the accumulated potential
Trade closed: target reached
6.631 reached! +20%

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