$IR is ready to go long – Let's do it soon, brothers! Just entered futures less than 10 days ago, $IR has continuously dropped sharply, losing more than 2/3 of its value. Now, a clear double bottom has appeared on the 1-hour chart at the bottom. The second bottom has just formed, and the price has started to rise significantly. This is the ideal time to go long!
$IR has been live for nearly 10 days and has dropped more than two-thirds from its peak after continuous selling. The downtrend is losing strength, and the 1-hour chart is showing a clear double bottom at the lows.
The second bottom has just been completed, and price has already started to move up strongly on the 1H timeframe, indicating a possible reversal.
With momentum turning bullish, this looks like a good opportunity to enter a buy early before a larger move higher.