IP token has dropped from $5.00 highs to $4.08, indicating a bearish consolidation pattern with lower highs and lows.The token is currently trading below the key 50-day EMA and 200-day EMA, serving as resistance levels.Story Protocol has shown volatility, struggling to maintain support levels after the decline from recent highs.Technical indicators like MACD, RSI, and Momentum suggest a bearish sentiment, with potential resistance at $4.20-$4.32.