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🚨 Classic Head & Shoulders on #IP !
A textbook Head & Shoulders pattern is forming on #StoryProtocol , signaling a potential breakdown ahead! 👀
🟣 Left Shoulder ✅
🟣 Head ✅
🟣 Right Shoulder ✅
🔻 Neckline Retest in Progress
If the neckline at $6.40-$6.50 breaks, we could see further downside pressure. Bears are eyeing a potential drop—will bulls step in to defend ! 🚀
📉 Breakdown confirmation = Short opportunity
📈 Fakeout = Bullish recovery incoming