币界网报道:Story [IP] has lost 27% of its value since June 11. However, over the past three days, the coin has rebounded slightly, with a 12.89% gain mitigating recent losses. Despite the recovery, the market structure remains distinctly bearish at press time. Bitcoin [BTC] volatility has impacted the rest of the market. Given IP’s bearish outlook, traders should be on the lookout for selling opportunities. AMBCrypto highlights key resistance levels as support that need to be recaptured before the coin can establish an uptrend. Story IP Price Prediction – Bears are expected to dictate the next move. In May, IP bulls attempted to establish an uptrend. They were able to achieve a bullish market structure shift and push the price above the moving averages. But the attempt was reversed later in the month. The losses over the past two weeks have taken IP to new lows. A set of Fibonacci retracement levels have been drawn based on the decline. The $3.41, $3.61, and $3.89 levels will be key retracement levels that are expected to act as resistance. OBV has climbed over the past week, but the Awesome Oscillator continues to signal bearish dominance. Price action can be used to resolve these conflicting signals, especially since the 1-day market structure remains bearish. A retest of the $3.5-$3.6 supply zone could offer a selling opportunity. The liquidation heatmap is consistent with this conclusion. The 1-month look-back heatmap highlights the $3.2-$3.3 zone as well as the $2.4 zone as nearby notable magnetic areas. Prices are attracted to liquidity. Liquidation accumulation above the local highs could be swept away before the next bearish move. This could even allow a rally as high as $3.41 – the 50% retracement. Traders should remain flexible when looking for selling opportunities. The coming week could be volatile and could lead to profits if done correctly. Disclaimer: The information provided does not constitute financial, investment, trading, or other type of advice and is solely the opinion of the author.