$IR is on my radar because the heavy selloff already swept liquidity at the lows and price is now slowing down instead of accelerating lower. I’m watching this because selling pressure looks exhausted and price is starting to stabilize after the dump.

I’m treating this as a relief bounce setup from a flushed zone, not a trend reversal yet. The reaction from the lows is what matters to me here.

Entry Point

I’m looking to enter around 0.0660 to 0.0672. This zone is where price is consolidating after the liquidity sweep and showing hesitation to drop further.

Target Point

TP1 0.0690

TP2 0.0725

TP3 0.0760

These targets line up with prior breakdown levels and short term resistance zones. If buyers step in, price can retrace fast into these areas.

Stop Loss

I’m placing my stop at 0.0648. A clean break below the recent low would invalidate the bounce idea.

How it’s possible

Price swept liquidity near 0.0657 and immediately slowed down, showing long wicks and smaller candles. I’m seeing seller momentum fading and price holding above the sweep zone. If buyers defend this range, a relief move becomes very realistic. I’m trading the reaction after fear, not chasing strength.

Clear idea. Controlled risk. Simple execution.

Let’s go and Trade now $IR