$IR Long Liquidation: $2.128K at $0.12624
Long traders were caught as IR failed to hold its support and sold off quickly. Buyers expected continuation, but strong selling pressure stepped in and forced a clean liquidation below the range. Liquidity was taken efficiently, confirming short-term weakness and seller control.
Entry (EP): $0.12850
Take Profit (TP): $0.12180
Stop Loss (SL): $0.13240
Market Outlook:
$IR remains under short-term bearish pressure after losing the key support zone. If price stays below the liquidation level, further downside or choppy consolidation is likely. Bulls need a strong reclaim with volume to regain control. Trade patiently and manage risk strictly.
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