$IP is an on-chain project currently trading around $1.11.
Market Cap: Approximately $390M
FDV: Approximately $1.14B
The number of holders is relatively low, which suggests it may still be in an early stage and falls into a high-risk category.
Technical Analysis (1D Chart):
High: $1.27
Low: $1.00
Price is currently moving sideways around the $1.11 zone.
$1.27 is acting as a strong resistance level.
$1.00 is a key support level; a break below this could lead to further downside.
Volume is decreasing, indicating weakening momentum.
Possible Scenarios:
A breakout above $1.17–$1.27 could confirm bullish momentum.
A daily close below $1.00 may increase bearish pressure.
Conclusion:
This appears to be a high-risk, high-reward coin. Always wait for confirmation before entering and use proper risk management with a stop loss.
