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$IP #BTC回调 It's indeed a critical moment, but I'm willing to try more at this position.
Main text:
Don’t be scared by the 90-day -86% drop and just block this coin directly. When a new coin falls back from a high point, it’s often not zeroing out, but washing out the weak hands. IP’s current rebound started around 0.46 and stopped falling, now reaching 0.5276. Although it’s not a strong reversal, the bottom structure is starting to look interesting.
Currently, the IP/USDT spot price is 0.5276, and using 10x leverage to start with a position for observation is appropriate.
First, look at the structure. On the daily chart, 0.5158 has held twice in a row, becoming an effective recent support level. The 0.46 level saw a large amount of supply released, indicating someone was actively buying there. Now the price is firmly above 0.52, with no new break below the previous low, signaling that the bearish exhaustion is already evident. As long as this bottom area isn’t broken, the safety margin for the bulls exists.
Next, look at the market sentiment. 24-hour trading volume is 13 million IP, with a trading value of 6.89 million USDT. For a coin ranked 41st that has experienced a sharp decline, this volume isn’t quiet. There are sellers, but also buyers willing to absorb at this level, indicating market acceptance of the current price is rising. A rebound without market participation is hollow, but IP has volume this time.
Regarding technical indicators, the WMA5 is currently at 0.6316, and the price is still below the moving average. Many might see this as a bearish alignment, but think the other way— the deviation from the main moving average is already large. Historically, at such deviations, the probability of a sharp decline is actually lower than that of a rebound towards the moving average. The moving average isn’t resistance; it’s a target.
Finally, about the risk-reward ratio, which is the core factor in deciding whether to act. Stop-loss can be clearly placed below 0.50, about a 3–5% risk. The first target is around 0.55–0.58, the second around 0.63 (the position of WMA5). Conservatively, the risk-reward ratio is above 2:1, making this calculation feasible.
Strategy suggestion (10x spot or low leverage):
Entry: Lightly try long positions in the 0.525–0.530 range, don’t go all-in at once.
Stop-loss: Exit unconditionally if the closing price or hourly candle closes below 0.50, no adding, no holding, no fantasies.
Take profit: Partially reduce around 0.55, watch 0.58, and set 0.63 as a stage target.
Position size: Since this is a new coin after a big drop, keep the position lighter than mainstream coins. Under 10x leverage, actual risk control is within 2–3%.
Longing a new coin isn’t about believing stories or betting on 100x, but about trusting the position, the structure, and the risk-reward ratio. IP’s current position is worth giving a chance for a trial.