$IP is trading inside a rising wedge, a pattern often viewed as a bearish signal after a strong recovery.



Price is currently testing the lower trendline, while momentum continues to fade.

A confirmed breakdown below support could trigger a larger correction and shift market structure in favor of the bears.

For now, $IP remains trapped within the wedge, with traders watching closely for a decisive move.

#Get2SharesOfSKHynixAtZeroCost #EthereumFoundationRestructuresForEfficiency
IP-1.47%
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GasfeeComplainer
· 47m ago
The win rate of rising wedge is actually not that high, don't scare yourself.
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MintCondition
· 2h ago
Momentum fade is an understatement; I think it's almost gone.
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RiskOffRina
· 2h ago
If the wedge breaks, it's a real break. There are too many fake breakouts, wait for confirmation at the close.
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StopLossSparrow
· 2h ago
This position is the most tormenting, warning of both long and short liquidations.
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MountainSilhouetteBeforeThe
· 2h ago
#EthereumFoundationRestructuresForEfficiency Has Old V finally seen the light? Efficiency first.
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KiteRerouter
· 2h ago
traders watching closely 笑死,全在等别人先动
Reply0
GateUser-d6fb8ff1
· 2h ago
If this wave truly goes down, where is the target?
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BullsAndBearsInVinyl
· 2h ago
Don't scare yourself before the structure is broken, but make sure to set a stop-loss.
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GateUser-e84f640c
· 2h ago
SK Hynix zero-cost two shares? What kind of activity is this? Can someone explain?
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