Tight Consolidation Near Range High, Breakout Loading $IR /USDT

Trade Plan

Entry $0.0640 to $0.0660

Stop Loss $0.0605

TP1 $0.0690

TP2 $0.0725

TP3 $0.0780

Why this setup

IR is consolidating just below the recent high around $0.0687 after a strong impulsive move from the $0.058 area. The 1H structure is forming higher lows, showing accumulation rather than distribution. A clean break and hold above $0.0690 can trigger momentum expansion toward the $0.072 to $0.078 resistance zone. As long as $0.0600 holds, bullish structure remains intact.

Will IR break the local high and start a new expansion leg or continue ranging before the next move

Buy and Trade $IR USDT Here

IRBSC
IRUSDT
0.0626
-8.02%