$IR Price spiked into the upper zone but failed to sustain momentum, followed by a sharp rejection and a breakdown back into the range. The structure shows lower highs forming, with sellers defending the supply area and pushing price lower. As long as $IR remains below the recent rejection level, downside continuation toward liquidity below is favored.

Trade Setup (Short):

Entry range: 0.267 – 0.271

Target 1: 0.262

Target 2: 0.258

Target 3: 0.255

Stop Loss (SL): 0.279