๐$IR just broke resistance and is holding strong!
Watching for continuation toward 0.068โ0.070
Trade smart. Manage risk.๐ค๐ฅ
Price just broke above a key resistance zone (red line) and is now holding above it โ this is classic breakout โ retest โ continuation behavior.
๐ What Iโm watching:
โ Former resistance acting as new support
โ Strong impulsive move upward
โ Small consolidation = healthy structure
๐ Bullish scenario:
If price holds above ~0.062โ0.063, we could see continuation toward 0.068 โ 0.070.
๐ Bearish scenario:
Lose that support and we may revisit 0.060 โ 0.058.
๐ง Trading idea (not financial advice):
โข Long on clean support hold
โข Stop below the red line
โข Take partial profits into resistance
Always manage risk โ volatility is high.
IRUSDT
Perp
0.06197
-2.28%