IP Breaks $11.7 – Is $16 the Next Target?

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IP Breaks $11.7 – Is $16 the Next Target?Story Protocol/TetherOKX:IPUSDTmilad-bit24Price action is forming a parabolic curve, suggesting aggressive buyer interest. IP/USDT has shown strong bullish momentum, breaking above the $11.69 resistance and extending toward $13.25. The ascending trendline from recent lows remains intact, highlighting sustained buying pressure. Support Levels: $11.69 (newly flipped support) and $8.99 – both zones are crucial to maintain the bullish structure. Immediate Resistance: $15.98 – a breakout above this level could open the way toward higher highs. Trend Outlook: As long as IP holds above $11.69, momentum favors the bulls with potential continuation toward $16. A pullback into $11.7 may offer a retest buying opportunity.