IR (Infrared Finance) — Pro Trader Market Breakdown
Market Overview
$IR just delivered a sharp expansion move. Price printed a fast spike near 0.50 and then cooled down to the 0.22–0.23 zone. This is classic post-breakout behavior: strong impulse, followed by profit booking and base building. Volume expanded heavily during the move, which confirms real participation, not thin liquidity noise. Now the market is deciding whether IR builds a higher low or slides deeper into correction.
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Short-Term Outlook (Swing / Intraday)
Momentum has slowed after the vertical run. Price is consolidating above the mid-base zone, which keeps bulls in control as long as key support holds.
If price holds above 0.21, expect a range expansion attempt.
A clean push and close above 0.26 can restart upside momentum.
Losing 0.19 will invite deeper pullback before next leg.
Bias: Neutral to bullish above support
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Long-Term Outlook (Position View)
Structure remains bullish as long as price holds above the breakout base. This move shifted IR into a higher valuation zone. Long-term strength depends on forming higher lows between 0.18–0.22.
Sustained acceptance above 0.30 opens room for trend continuation.
Failure to hold 0.15 would weaken the bullish structure.$IR
