$IR Long Liquidation: $1.023K at $0.16130
Long traders were caught as IR failed to hold above the local resistance and rolled over quickly. Buyers expected continuation, but selling pressure stepped in, triggering stop losses and forcing longs to exit. Liquidity below the short-term range was taken cleanly, shifting control back to sellers.
Entry (EP): $0.16240
Take Profit (TP): $0.15480
Stop Loss (SL): $0.16590
Market Outlook:
$IR is under short-term bearish pressure after losing the liquidation level. If price stays below this zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to regain momentum. Trade patiently and manage risk with strict discipline.
#USCryptoStakingTaxReview #CPIWatch #WriteToEarnUpgrade #USJobsData