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IP token hitting 1B market cap milestone, showing strong momentum at 67% bullish sentiment from 27.5K community votes.
On the M1 timeframe, SC02 is displaying textbook short signals right now. Entry point sits comfortably within the high-volume node—clean setup with no interference from weak support zones. Risk management is tight: stop-loss positioned around 3.44% above entry, keeping the R:R ratio favorable.
The downtrend structure remains intact, currently cycling through its 106th wave with −16.94% amplitude. This confirms the bearish bias is still in play, though traders should watch for potential reversal signals at key support levels.
Looking at the bigger picture: market structure suggests further downside is possible before any mean-reversion bounce kicks in. The setup rewards precision entry over timing perfection.