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IP has gone through this wave of correction and seems to have completed the accumulation phase. Although it was a bit surprising to see the price drop from the high point, a careful observation of the market indicates that this is more like a healthy consolidation rather than a true decline.
From a technical perspective, the key support level is at 2.38. Currently, the price is oscillating within the 2.45-2.55 range, which I recommend as an entry point. It’s worth noting that trading volume has decreased during the correction, indicating that selling pressure is not strong, and the main funds have not truly exited.
There are no signs of panic selling in the pattern, and the structure remains quite intact. This "not falling" situation often suggests that the next upward wave is just around the corner. If the price can hold above 2.38, the probability of continuing the upward move is quite high. I see two target levels: 2.80 and 3.10.
Considering that IP itself has solid ecological support and narrative foundation, along with the recent market sentiment gradually warming up, this is indeed a good opportunity to take a small stop-loss and aim for larger gains. As long as the support level is maintained, the risk is actually manageable.