$IR Long Liquidation: $1.4646K at $0.15629
Long traders were caught as IR failed to hold above the short-term support and pulled back sharply. Buyers expected continuation after the recent upside, but selling pressure entered near resistance, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, shifting short-term control back to sellers.
Entry (EP): $0.15780
Take Profit (TP): $0.14980
Stop Loss (SL): $0.16090
Market Outlook:
$IR is facing short-term bearish pressure after losing the liquidation level. If price stays below this zone, further downside or sideways consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk with strict discipline.
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