This chart was shared earlier in our VIP Group, and Target 1 has been successfully hit. At this stage, it’s advisable to start booking partial profits. While price can continue toward Target 2, a potential downside reversal is also possible, as the asset has now entered the overbought zone.
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.
$IP Update 🚨
This chart was shared earlier in our VIP Group, and Target 1 has been successfully hit.
At this stage, it’s advisable to start booking partial profits.
While price can continue toward Target 2, a potential downside reversal is also possible, as the asset has now entered the overbought zone.
Trade safely and manage risk accordingly.