$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
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned