$IR Strong Reversal From Bottom – Buyers Regaining Control 🚀
Trade Setup (Long)
Entry: 0.038 – 0.041
Stop Loss: 0.033
Targets:
• 0.045
• 0.052
• 0.060
After a sharp sell-off, IR appears to have formed a solid base around the 0.025 zone, followed by a strong rebound. This bounce suggests renewed buying interest after extended weakness.
Price action is now showing signs of recovery, with higher lows and improving momentum supported by strong bullish candles. As long as the price holds above the 0.038 support area, the probability of further upside continuation increases.
Minor pullbacks can still occur, but the short-term structure is shifting toward bullish. In this phase, it’s generally more effective to trade with momentum rather than react to previous downside pressure.
#IRUSDT #Ir