Guys $IREN is looking vulnerable to a potential breakdown here 📉
Entry: 23.15 - 23.30
🎯 TP1: 22.50
🎯 TP2: 21.80
Price is pressing directly against key support at 23.17 with heavy volume and bearish moving average alignment. Longs are heavily crowded at nearly 69%, increasing squeeze risks on a break.
Watching for a breakdown below 23.17 to accelerate selling toward lower levels.
Let's see how support reacts 👀
Entry: 23.15 - 23.30
🎯 TP1: 22.50
🎯 TP2: 21.80
Price is pressing directly against key support at 23.17 with heavy volume and bearish moving average alignment. Longs are heavily crowded at nearly 69%, increasing squeeze risks on a break.
Watching for a breakdown below 23.17 to accelerate selling toward lower levels.
Let's see how support reacts 👀
