$IRENB /USDT — SHORT SIGNAL
IREN Limited (bStocks)
Current reference price: $18.11
Trade Plan
* Direction: SHORT 📉
* Entry Zone: $18.10 – $18.40
* Stop Loss: $19.05
Take Profit Targets
* TP1: $17.70
* TP2: $17.20
* TP3: $16.60
Trade here $IRENB
Technical Analysis
* Strong bearish pressure with a 6.94% daily decline.
* Rejection from the $20.28 resistance zone.
* Price trading close to the $17.95 daily low.
* Weak recovery suggests sellers remain in control.
* Breakdown below $17.95 could trigger further downside.
Confirmation A clean 15-minute candle close below $17.95 with strong selling volume confirms bearish momentum.
Risk-to-Reward
* TP1: 0.8:1
* TP2: 2.0:1
* TP3: 3.8:1
Trade carefully: Avoid chasing the price after a sharp drop. Wait for breakdown or a failed retest. These are indicative levels based on your supplied chart, not verified live execution prices.
#IREN #IRENBUSDT #SHORTSIGNAL #CryptoTrading #BinanceSignals
IREN Limited (bStocks)
Current reference price: $18.11
Trade Plan
* Direction: SHORT 📉
* Entry Zone: $18.10 – $18.40
* Stop Loss: $19.05
Take Profit Targets
* TP1: $17.70
* TP2: $17.20
* TP3: $16.60
Trade here $IRENB
Technical Analysis
* Strong bearish pressure with a 6.94% daily decline.
* Rejection from the $20.28 resistance zone.
* Price trading close to the $17.95 daily low.
* Weak recovery suggests sellers remain in control.
* Breakdown below $17.95 could trigger further downside.
Confirmation A clean 15-minute candle close below $17.95 with strong selling volume confirms bearish momentum.
Risk-to-Reward
* TP1: 0.8:1
* TP2: 2.0:1
* TP3: 3.8:1
Trade carefully: Avoid chasing the price after a sharp drop. Wait for breakdown or a failed retest. These are indicative levels based on your supplied chart, not verified live execution prices.
#IREN #IRENBUSDT #SHORTSIGNAL #CryptoTrading #BinanceSignals
