IP token hitting 1B market cap milestone, showing strong momentum at 67% bullish sentiment from 27.5K community votes.



On the M1 timeframe, SC02 is displaying textbook short signals right now. Entry point sits comfortably within the high-volume node—clean setup with no interference from weak support zones. Risk management is tight: stop-loss positioned around 3.44% above entry, keeping the R:R ratio favorable.

The downtrend structure remains intact, currently cycling through its 106th wave with −16.94% amplitude. This confirms the bearish bias is still in play, though traders should watch for potential reversal signals at key support levels.

Looking at the bigger picture: market structure suggests further downside is possible before any mean-reversion bounce kicks in. The setup rewards precision entry over timing perfection.
IP-5.39%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned