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$IR USDT Technical Analysis: Bulls Eyeing a Recovery?
The $IR USDT pair is currently showing signs of consolidation after a significant period of volatility. Based on the 4-hour chart, here is the breakdown of the current price action and what to watch for next:
📉 Current Market Overview
Last Price: 0.07607 (Down -2.42%)
24h High/Low: 0.08133 / 0.07175
Local Support: ~0.06502
Recent Peak: 0.08797
🔍 Key Technical Observations
Support and Resistance: After a sharp rejection from the 0.08797 resistance level, the price found temporary stability around the 0.073 zone. The previous swing low at 0.06502 remains the primary "safety net" for bulls.
#WriteToEarnUpgrade #IRTreading #Binance #Analysis
The $IR USDT pair is currently showing signs of consolidation after a significant period of volatility. Based on the 4-hour chart, here is the breakdown of the current price action and what to watch for next:
📉 Current Market Overview
Last Price: 0.07607 (Down -2.42%)
24h High/Low: 0.08133 / 0.07175
Local Support: ~0.06502
Recent Peak: 0.08797
🔍 Key Technical Observations
Support and Resistance: After a sharp rejection from the 0.08797 resistance level, the price found temporary stability around the 0.073 zone. The previous swing low at 0.06502 remains the primary "safety net" for bulls.
#WriteToEarnUpgrade #IRTreading #Binance #Analysis
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