$IR Long Liquidation: $1.603K at $0.22521
Long traders on $IR were forced to exit as price dropped below support, triggering stops and accelerating the downside move. Buyers failed to defend the level, giving sellers short-term control.
Liquidation Type: Long
Liquidated Amount: $1.603K
Liquidation Price: $0.22521
EP: $0.2248
TP: $0.2195 → $0.2130
SL: $0.2295
Market Outlook:
This long liquidation signals weakness above the $0.225 area. As long as price stays below the liquidation zone, downside pressure can continue toward lower supports. Any bounce into resistance may attract fresh sellers unless strong volume steps in.
Pro Tip: After a long flush, don’t rush entries. Let price stabilize and show clear direction—patience protects capital.
