$IR Long Liquidation: $4.9475K at $0.16242
Long traders were caught as IR failed to hold its support and dropped sharply. Buyers expected continuation, but selling pressure stepped in quickly and forced a clean liquidation. Liquidity below the range was taken efficiently, showing clear short-term weakness.
Entry (EP): $0.16600
Take Profit (TP): $0.15600
Stop Loss (SL): $0.17150
Market Outlook:
$IR remains under short-term bearish pressure after losing the key level. If price stays below the liquidation zone, further downside or choppy consolidation is likely. Wait for a strong reclaim before considering new longs, and manage risk strictly.
#USCryptoStakingTaxReview #BinanceBlockchainWeek #WriteToEarnUpgrade #USNonFarmPayrollReport
