$IREN - gamma/vanna roadmap Price is sitting just above $35/$36, which is acting like a floor — the options market structure favors price drifting back down toward that level rather than running away from it. On the way up, there are two checkpoints at $38 and $39 that need to clear before price can reach higher and $39.5 is where the most resistance sits — expect it to be hard to break through. So the range to watch right now is $35 to $39.5. Below $35, there's nothing else marked until $32 and above $39.5, there's a $50 level, but it belongs to a further-out date and isn't part of the current picture. Bottom line: $35 is the floor, $39.5 is the ceiling, and everything else is too far away to matter right now.