币界网报道：Story Protocol (IP) has experienced a significant price decline, with a 24-hour drop of 11.8% to around $3.08, and weekly and two-week losses of 24.2% and 26.4%, respectively. The token’s monthly losses in June continued the downward trend from March to May, despite a peak gain of 125.5% in February. The quarterly returns in Q2 fell by 35.7%, a sharp drop from the 96.7% growth in the previous quarter. Since its all-time high of $7.29, IP has fallen 43.9% in three months, but is still up 26.3% year-to-date. The price decline has led to increased liquidations, especially around the key $3.60, $2.90, and $2.50 levels, while $3.00 has acted as a neutral pivot. Technical analysis shows that IP is in a bearish continuation pattern, with the $3.50 support level having been broken, which could lead to further price declines to $2.98 or even $1.91. On the other hand, if it re-enters $3.60, it may trigger a rebound test close to $4.00. The MACD indicator still shows a bearish signal, indicating that the downward momentum will continue unless a bullish signal appears. The $3 price range is crucial to determine whether IP will stabilize or continue to fall.