The $IR USDT perpetual chart is absolutely exploding, flashing a massive +21.85% surge as it battles through intense volatility! After hitting a 24-hour peak of 0.16493, the price is currently consolidating around 0.15679, creating a high-stakes "higher low" structure that suggests the bulls are gearing up for a secondary breakout. With a staggering 1.32 billion IR in 24-hour volume and nearly $191M USDT fueling the fire, the momentum is undeniable; however, the long wicks on the recent 15-minute candles signal a fierce tug-of-war between aggressive buyers and profit-takers. All eyes are on that 0.1600 psychological resistance—if the bulls can flip that level, we could see a parabolic moon mission, but a failure to hold the current support could trigger a sharp liquidating correction for over-leveraged traders.
Would you like me to identify the specific support levels where you might look for a potential re-entry?
