Technical analysis by coinpediamarkets about Symbol IP: Buy recommendation (1/2/2026)

IPUSDT remains firmly bullish after a strong impulsive rally. Price is now pulling back into a well-defined demand zone, signaling a healthy reset rather than a trend breakdown. This type of retracement typically precedes the next leg higher. Bias: Bullish continuation Entry Zone: ~$1.93 (demand zone support) Invalidation: A clean breakdown below $1.83 invalidates the setup Upside Targets: Target 1: $2.10 — first resistance and reaction zone Target 2: $2.43 — liquidity sweep and impulse extension As long as price holds above the $1.90–$1.85 demand zone, the structure favors buy-the-dip continuation. A strong reaction from this area could fuel the next breakout toward the higher targets.