IREN has finally cracked through to a critical support zone where we've seen serious seller exhaustion. What makes this interesting is the setup that follows—when you get this kind of capitulation flush, you're typically building the foundation for the next impulse move. The momentum can shift violently on these resets. Once the selling pressure eases and buyers step back in, this could trigger a sharp snapback. The chart structure here is worth watching closely if you're trading this level.