$IR showing a sharp washout on the 15m chart, and this is the kind of zone where a fast relief bounce can hit hard if buyers protect the low.
Price is around 0.07698, with a fresh dip to 0.07576 after steady downside pressure from the 0.08865 area. It is still weak overall, but the current level is a clear reaction zone.
Trade idea (15m bounce setup)
Buy Zone: 0.07620 – 0.07720
EP: 0.07695
Take Profit
TP1: 0.07820
TP2: 0.07960
TP3: 0.08120
Stop Loss
SL: 0.07520
Why this setup looks interesting
Price just tapped a fresh low (0.07576) and bounced
Short-term candles show a possible reaction from support
TP levels match nearby intraday resistance areas from the recent drop
Simple management
Take partial profit at TP1
If price pushes above 0.0782 with strength, hold for TP2 / TP3
If price breaks 0.07576 cleanly, exit fast and protect capital
This is a quick bounce idea in a weak trend, so the edge is in timing, not chasing.
Let’s go $IR
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