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<p>$IREN  something worth watching into the US open. 👀

Friday: -12.5% on ~90M shares.
Overnight retested the $34.81 low and held.
Now premarket is back around $35.77.

Key map:
$34.81 = invalidation
$36 = first reclaim
$36.50 = confirmation
$37–37.50 = acceleration zone
$38.90–40 = major supply

The interesting part: despite oil/geopolitical risk and a still-tough rates backdrop, sellers haven’t produced a fresh low yet.

Bad news + no downside follow-through = information.

US open will tell us whether this is just a bounce — or the beginning of positioning reversal / short covering.</p>

$IREN  something worth watching into the US open. 👀
Friday: -12.5% on ~90M shares.
Overnight retested the $34.81 low and held.
Now premarket is back around $35.77.
Key map:
$34.81 = invalidation
$36 = first reclaim
$36.50 = confirmation
$37–37.50 = acceleration zone
$38.90–40 = major supply
The interesting part: despite oil/geopolitical risk and a still-tough rates backdrop, sellers haven’t produced a fresh low yet.
Bad news + no downside follow-through = information.
US open will tell us wheth

$IREN something worth watching into the US open. 👀 Friday: -12.5% on ~90M shares. Overnight retested the $34.81 low and held. Now premarket is back around $35.77. Key map: $34.81 = invalidation $36 = first reclaim $36.50 = confirmation $37–37.50 = acceleration zone $38.90–40 = major supply The interesting part: despite oil/geopolitical risk and a still-tough rates backdrop, sellers haven’t produced a fresh low yet. Bad news + no downside follow-through = information. US open will tell us whether this is just a bounce — or the beginning of positioning reversal / short covering.

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