$IR is establishing a solid foundation after finding significant support at the $0.055 level. Infrared Finance is currently showing a steady recovery phase with a 6.49% gain and a healthy market cap of $11.78M. The technical chart reveals a consolidation pattern where buyers are accumulating, preparing for a potential breakout toward previous resistance zones. With nearly 9,000 holders and consistent liquidity, the current price action suggests a reversal is in the making as it aims to reclaim higher valuation levels.

Target 1: $0.0615

Target 2: $0.0650

Target 3: $0.0720

#IR #Infrared #DeFi