$IR PERP – Technical Update
IRUSDT remains under bearish control after a sharp sell off from the 0.13–0.12 region. Price is currently consolidating near 0.100, indicating temporary balance after strong downside momentum.
• Price is trading below the descending moving average, which is acting as dynamic resistance
• Market structure continues to show lower highs & lower lows
• Volume spiked during the dump and faded during consolidation , no strong buyers yet
♂️Key Levels
Resistance:
• 0.105 – 0.110
• 0.120 – 0.130 (major supply)
Support:
• 0.095 – 0.093
• 0.088 – 0.080
⚠️ Trend remains bearish until price reclaims 0.110+ with strong volume.
➡️LONG TRADING PLAN (Trend Reversal Play)
Entry Zone:
• 0.094 – 0.096 (support bounce)
OR
• Break & hold above 0.110
Stop Loss:
• Below 0.092
Targets:
• TP1: 0.105
• TP2: 0.110
• TP3: 0.120
Longs are counter trend , trade light size and wait for confirmation.
➡️ SHORT TRADING PLAN (Trend Continuation)
Entry Zone:
• 0.104 – 0.110 rejection
OR
• Breakdown below 0.093
Stop Loss:
• Above 0.112
Targets:
• TP1: 0.098
• TP2: 0.093
• TP3: 0.085 – 0.080
Shorts remain higher probability while price stays below resistance.
➡️ Risk Managed Scalping Strategy (15m / 5m)
Bias: Follow the trend ,Short side preferred
⬇️ Short Scalps
• Entry: 0.103 – 0.105 rejection
• SL: 0.107
• TP: 0.100 - 0.097
⬆️ Long Scalps
• Entry: 0.095 support bounce
• SL: 0.092
• TP: 0.098 - 0.101
➡️Risk Rules
• Risk max 1–2% per trade
• Avoid overtrading during low volume
• Exit partial profits quickly
• No trades during high volatility spikes
➡️ Breakout / Breakdown Alert
• Bullish only above: 0.110 with volume
• Bearish acceleration below: 0.093
Market favors patience & confirmation. Trade smart, not emotional.
#Ir