$IR Long Liquidation: $4.8249K at $0.13352
Long traders were caught on the wrong side as IR failed to hold above the short-term support zone and sold off sharply. Buying momentum faded quickly, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, handing short-term control back to sellers.
Entry (EP): $0.13480
Take Profit (TP): $0.12720
Stop Loss (SL): $0.13890
Market Outlook:
$IR is under clear short-term bearish pressure after losing the liquidation level. If price remains 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.
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