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IP coin trading volume fluctuation triggers market attention. The trading volume in the last 30 minutes has shown a significant increase, with a month-on-month growth of 21.8%. Such a sudden surge in volume is often a precursor to a market trend.
From a price perspective, IP is currently quoted at 2.155 USDT, with 0.98% space to the key support level of 2.131. This support level is an important benchmark on the 1-hour timeframe and has strong technical significance.
For traders, it is advisable to consider long positions around 2.131, targeting resistance at 2.215. The sharp increase in volume combined with a price rebound at support often provides a good entry opportunity. However, continuous monitoring of subsequent movements is necessary for confirmation, as volume is only a leading indicator and requires price action to verify the trend's authenticity.