IP shows obvious weakness across multiple cycles, but the 15-minute chart has shown some signs of rebound. Looking at the 1-hour RSI, it has dropped to 27, indicating an oversold zone. Although the MACD histogram is weakening, it hasn't yet formed a golden cross. The 4-hour structure remains bearish. Notably, trading volume surged by 203%, which clearly indicates panic selling.

**Key levels to watch closely**: current support is at 2.59, with resistance at 2.75 and 2.90. On the downside, support levels are at 2.50 and 2.30.

**Trading strategy is as follows**: if 2.75 is effectively broken, consider going long with a target of 2.90 and a stop-loss at 2.65. Conversely, if the price falls below 2.50, you can go short with a target of 2.30 and a stop-loss at 2.60. If the price remains stuck between 2.50 and 2.75, it's best to stay on the sidelines until the trend is confirmed. Overall, breakouts should be followed, and avoid betting on rebounds.