IP – tired of bleeding or gearing up for a dead cat bounce? After the latest risk-off wave across alts, this one has been quietly grinding in a huge demand block where buyers previously stepped in. According to industry sources, funding and interest across smaller alts is starting to tick up again, which often gives these “forgotten” charts a short-term pop.
On the 4H chart, price is camping inside that big orange support zone with a clear volume shelf just above, and RSI is curling up from oversold territory. I’m leaning long here, looking for a relief move back into the first liquidity pocket around 0.86 while the broader crypto market stabilizes. If fresh buyers show up, that prior sell wall above could turn into a fuel tank for a squeeze.
My base plan: ✅ look for conservative longs inside this demand area with a first target near 0.86 and a possible extension into the higher red zone if momentum really kicks in. If we lose the bottom of the orange block with strong volume, the idea is invalid and I step aside without arguing with the trend. I might be wrong, but I’d rather stalk the bounce than chase once it’s already on every radar.