IREN has taken quite a hit lately—down 27% over the last three months. So here's the million-dollar question: can it actually recover to $100? The numbers suggest it's been under pressure, but tracking whether it rebounds to that level depends on several factors. Market sentiment, trading volume, and broader adoption trends will all play a role. For traders watching this one, it's worth monitoring the technical levels and what catalysts might trigger a reversal. What's your take—do you see the potential for a recovery, or is there more downside ahead?
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InscriptionGriller
· 01-12 03:58
$100? Bro, your dream is really big. First, fill the 27% pit before talking.
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IREN this broken thing, always says "the technical chart looks good," but as soon as you turn around, it crashes to a dead dog. Truly a master at scaring retail investors.
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This is how the Ponzi scheme works: a surge to suck blood, then gradually releasing, and by the time retail investors at the bottom start to buy in, they've already run.
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Rebound potential? Friend, I ask you, has the trading volume improved in these two months? If not, don't talk nonsense.
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Just look at the on-chain data, big players have already run away, and now only bagholders are left.
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Wait and see. Without new catalysts, this thing is just a coffin nail. Whoever touches it will die.
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Honestly, after three months of pressure, expecting a rebound to 100? That's not technical analysis; that's science fiction.
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Old Ma knows the way, everyone. We've seen plenty of this kind of scam in the crypto world. Don't be fooled by rebound bait.
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WalletDivorcer
· 01-12 03:57
Still daring to think about a rebound to 100 with a 27% drop? Let's survive first, haha.
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DuskSurfer
· 01-12 03:52
27% decline. Still want a hundred dollars? First, check the fundamentals; relying solely on technical analysis won't save it.
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CryptoDouble-O-Seven
· 01-12 03:50
Damn, a 27% cut right off the bat, who can handle that?
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GasFeeWhisperer
· 01-12 03:50
A 27% drop honestly hurts a bit, but $100? Uh... I basically don't see any catalysts.
IREN has taken quite a hit lately—down 27% over the last three months. So here's the million-dollar question: can it actually recover to $100? The numbers suggest it's been under pressure, but tracking whether it rebounds to that level depends on several factors. Market sentiment, trading volume, and broader adoption trends will all play a role. For traders watching this one, it's worth monitoring the technical levels and what catalysts might trigger a reversal. What's your take—do you see the potential for a recovery, or is there more downside ahead?