$IP Short Liquidation: $4.4626K at $1.561
Short sellers were forced to exit as IP pushed decisively through the $1.56 level, triggering clustered stop losses from late shorts leaning on prior range resistance. The move showed steady follow-through rather than a single spike, indicating genuine bid strength and shorts covering into sustained pressure.
Entry (EP): $1.552
Take Profit (TP): $1.645
Stop Loss (SL): $1.512
Market Outlook:
$IP is maintaining a constructive bullish structure after clearing this liquidation zone. As long as price holds above the $1.55–1.56 support area, continuation toward higher resistance remains favored. Momentum is supportive but still sensitive to broader market conditions discipline and tight risk control remain essential.
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