IP Breaks Above MA60 but Faces Strong Selling Pressure
Price has broken above the MA60 resistance at 1.999 but is falling with volume significantly below average, indicating a weak breakout and potential rejection.
ENTRY: 2.009 - 2.020
TP1: 1.980 | TP2: 1.950 | TP3: 1.920
SL: 2.050
📉 Breakout Fails: Above MA60 at 1.999 | Change: -5.90%
📊 Volume: Very Low | Trend: Bearish Rejection
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$IP
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