$IREN is approaching a potential sell zone where bears may attempt to regain control. If price shows weakness around resistance, a downside move toward lower support levels could develop.
🔻 Short
💰 Entry: 60.00 – 60.50
🎯 TP1: 59.20
🎯 TP2: 58.50
🎯 TP3: 57.80
🛑 Stop Loss: Please specify the stop-loss level, as it wasn't included in the setup.
The trade idea remains focused on a rejection from the entry zone. Without a defined stop loss, it's difficult to properly assess risk and position sizing.
⚡ Watch for rejection signals, manage risk carefully, and avoid entering without a clear invalidation level.
IRENUSDT
Trvl
54.62
-8.12%
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