Looking at the recent decline of IR, it’s almost like a waterfall losing speed. Starting from 0.32, the price has not caught a breath; the daily, 4-hour, and even 15-minute charts are all dominated by bearish patterns. Is there any hope for a rebound in the short term? There’s basically little.



The trading performance also confirms this. The selling pressure from bears has been persistent, especially at key price levels, with active sell orders frequently pushing the price down. The holdings data of large investors also lean towards the bearish side, indicating that institutions are also pessimistic about the recent trend. Currently, the price is hovering around 0.097, and the support at 0.093 doesn’t seem very solid. Once this line is broken, a drop below 0.09 is almost certain.

In such a market, continuing to short is almost a matter of following the trend. If you decide to participate, set your stop-loss above 0.10, with the first target at 0.093. If it breaks through, then follow the trend downward. After all, the short-term main trend is bearish, so going with the overall direction makes risk more manageable.
IR-10,99%
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GasFeeCriervip
· 11h ago
This round of IR really underperformed, it's exhausting to watch, and institutions are dumping the market.
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VitalikFanboy42vip
· 11h ago
IR is directly ruined this time. It dropped from 0.32 to now, faster than a waterfall. The bears have completely taken control of the market. Rebound? Don't even think about it. Institutions are all dumping, and major players are all shorting. This is outrageous. If 0.093 can't hold, then see 0.09. It's safer to follow the short side. At least the trend is clear, which is better than guessing blindly.
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notSatoshi1971vip
· 11h ago
IR is disappointing again. This wave of decline is really brutal. Institutions are dumping, who would dare to buy the dip?
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DeFi_Dad_Jokesvip
· 11h ago
IR this wave is really incredible, the bears haven't let go at all. IR has dropped again, when will there be a chance to breathe. Looking at the bearish momentum, 0.09 might not hold. Major investors are all offloading, what are we still waiting for? Shorting this wave is a bit addictive, but you can’t go wrong with the trend. Damn, another waterfall, who can withstand this rhythm? Institutions are all bearish, retail investors' resistance is useless. If it breaks 0.093, keep watching downward, anyway the bears are in control. This pattern is really hopeless, don’t expect a rebound in the short term.
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MetaMaximalistvip
· 12h ago
ngl this IR setup is just textbook distribution at this point... the macro technicals are screaming bearish across every timeframe tbh. institutional accumulation patterns suggest they're already positioning for what comes next, and it's not going up anytime soon.
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BlockBargainHuntervip
· 12h ago
IR this time is really incredible, dropping from 0.32 all the way down like this, the bears are completely in control. But speaking of which, is the bottom really this close? It feels like there might still be some variables ahead. We need to watch below 0.09, don't rush to go all-in on the bears.
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