VERTICAL CLIMAX! Inery ($IR ) Rejects $0.094 Major Resistance: Short Setup! [SHORT]
⚡ TRADE EXECUTION (IR/USDT Perpetual)
📉 ENTRY ZONE: $0.0915 – $0.0935
🛑 STOP LOSS (SL): $0.0965 (Above the 24h high/supply wick)
🎯 TARGET 1: $0.0820
💰 TARGET 2: $0.0742 (Major structural consolidation floor)
🔥 WHY WE ARE SHORTING IR
Inery (IR) has staged an aggressive parabolic run on the 1-hour timeframe as of February 19, 2026, but the technical structure is now flashing a "blow-off top" signal at a key psychological level:
Vertical Resistance Rejection: The price surged from a base of $0.0742 to a peak of $0.09396, representing a gain of over 26% in a single move. It is currently being rejected at this 24-hour high, leaving behind a clear bearish upper wick on the 1-hour chart.
Momentum Exhaustion (MACD): While the MACD is currently positive at 0.00023, the distance between the DIF (0.00278) and DEA (0.00254) lines is beginning to narrow significantly. A failure to reclaim the $0.094 level will likely trigger a bearish crossover, accelerating a move toward the first target.
Extreme Market Fear: Broad crypto market sentiment remains pinned in "Extreme Fear" (Index Score: 8–10). Historically, low-cap infrastructure tokens like IR that pump independently during extreme fear face aggressive "mean-reversion" as traders use the spike to exit into liquidity.
Volume Climax Signal: The rally to $0.0939 was met with a massive volume spike, with over 249.48M IR traded in 24 hours. Vertical price action accompanied by a volume surge often marks the "final push" before a deeper correction.
Mean Reversion Gap: IR is currently trading well above its short-term moving averages (MA5 and MA10). A correction to retest previous structural support near $0.082 is a high-probability technical outcome to neutralize the current overextension.
Is the IR pump losing steam, or is a breakout to $0.10 next? 👇
