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IREN Token Price Consolidation Signal
IREN appears to have found its bottom and is now in an uptrend. The token's price is currently testing the volume shelf area, which is acting as a key support zone.
Based on the chart pattern, the near-term target resistance sits around the $62 level. Should the token break through that, the next major hurdle to overcome is positioned at $74.
Traders are watching this consolidation phase closely, as a convincing breakout above the volume shelf could trigger the next leg up toward these resistance zones.