$IREN (2W) - Lost well over half its value since the last top, and that's somewhat in line with other names we've covered. The real question is: where do we stand now? Starting with the GEX levels for next week: the job is clear for bulls: break above $27.50, as the path from there to $30 is determined by whether we can conquer that node next week. The $25 node that is the floor is negative, so it will not dampen our move at all. Strong ceiling and a loose floor, or what have you not. Will be an interesting week, it seems, but we are not out of the woods yet.
Fibby.Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.