🚨 $IR / USDT SHORT SETUP – Massive Downtrend Continues! Bearish Momentum Building 🔥
#IR USDT is in free-fall mode — down -8.5% in the last hours and showing a brutal vertical drop from 0.32+ levels! 📉
The chart screams bearish: strong red candles, price rejecting higher levels, heavy volume on the downside, and Long/Short Ratio at 1.27 with 56% Longs getting crushed (classic over-leveraged longs liquidation fuel).
RSI deeply oversold but no reversal signs yet — momentum still favors bears! MACD remains negative, and the price is hugging lower bands with no bounce in sight.
TRADE IDEA – SHORT NOW!
Entry: around current levels ~0.0660–0.0665
Take Profit 1: 0.0630 (+~4.5%)
Take Profit 2: 0.0580 (+~12%)
Stop Loss: 0.0695 (tight, ~5% risk — protect against sudden squeeze)
High volatility asset — perfect for quick scalps or swings on Binance Futures (up to 20x leverage available). Risk management is key — never overleverage!
Who's joining the bear side? Drop your thoughts below 👇 Don't miss the next move!
Trade smart. Stay profitable. $IR USDT
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