$IREN
📈 Approved technical scenarios for the IRENUSDT pair:
1️⃣ Bullish continuation and breakout above the peak scenario (Long / Parabolic Continuation) 📈
Success rate: 60% - 65%
📌 Activation and entry conditions:
Price holds and respects the nearby support zone at 20.50 - 21.00 without breaking below it.
Alternatively, confirm entry with a clear 15-minute candle close above the local high at 22.49.
🎯 Price targets (Take Profit):
First target: 23.80
Second target: 25.50
🚫 Stop Loss: A 15-minute candle closes below 19.80.
2️⃣ Bearish correction and profit-taking scenario (Short / Overbought Correction) 📉
Success rate: 55% - 60%
📌 Activation and entry conditions:
Price fails to break through resistance, while the MACD indicator remains bearish below the zero line.
A clear break and a 15-minute candle close below the key support level at 20.50.
🎯 Price targets (Take Profit):
First target: 19.20
Second target: 17.50
🚫 Stop Loss: A 15-minute candle closes above 22.80.
⚠️ Strict risk management:
Fully commit to risking no more than 1-2% of total capital on any single trade.
Monitor trading volumes (Volume) and open interest (Open Interest) to avoid sharp reversals caused by profit-taking in futures contracts.
#short #long #iren
📈 Approved technical scenarios for the IRENUSDT pair:
1️⃣ Bullish continuation and breakout above the peak scenario (Long / Parabolic Continuation) 📈
Success rate: 60% - 65%
📌 Activation and entry conditions:
Price holds and respects the nearby support zone at 20.50 - 21.00 without breaking below it.
Alternatively, confirm entry with a clear 15-minute candle close above the local high at 22.49.
🎯 Price targets (Take Profit):
First target: 23.80
Second target: 25.50
🚫 Stop Loss: A 15-minute candle closes below 19.80.
2️⃣ Bearish correction and profit-taking scenario (Short / Overbought Correction) 📉
Success rate: 55% - 60%
📌 Activation and entry conditions:
Price fails to break through resistance, while the MACD indicator remains bearish below the zero line.
A clear break and a 15-minute candle close below the key support level at 20.50.
🎯 Price targets (Take Profit):
First target: 19.20
Second target: 17.50
🚫 Stop Loss: A 15-minute candle closes above 22.80.
⚠️ Strict risk management:
Fully commit to risking no more than 1-2% of total capital on any single trade.
Monitor trading volumes (Volume) and open interest (Open Interest) to avoid sharp reversals caused by profit-taking in futures contracts.
#short #long #iren
