Total Quality
Score
If You Had Traded on This Analysis…
Correct
IREN
Long Entry
42.7300
2026-01-04
05:13 UTC
Target
44.1100
In 1 Days
Fail
39.6400
Risk/Reward
1 : 0
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Final PnL
3.23%
P/L: —
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The market shows a bearish trend for IWM, with price action struggling to break resistance at 626.61 and 616.97, indicating potential for further downside. IRN, on the other hand, is showing bullish signs, having recently broken out of a descending triangle pattern and consolidating above key support at 39.64, with potential to retest higher resistance levels.