[$IP Signal] Short + Volume Breakout

2026-01-20 04:58:31

After a volume-driven decline, the price action shows a clear weak breakout, accompanied by high open interest, indicating potential long liquidation or selling pressure from major players.

🎯Direction: Short $IP Short(

🎯Entry: 2.35 - 2.40

🛑Stop Loss: 2.55 )Rigid Stop Loss(

🚀Target 1: 2.10

🚀Target 2: 1.85

On the daily chart, volume increased during a decline of -9.10%, and the price has broken through a key support zone. The high open interest (OI) remained unchanged as the price fell, and combined with market logic, this suggests that long positions are being liquidated or major players are distributing, rather than a simple healthy correction. The market shows persistent selling pressure, with no effective buying absorption. Any rebounds on lower timeframes appear weak and are quickly sold into. Before the price reclaims 2.55, the downside resistance is minimal.

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