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Do you remember our previous discussion about it? It seems that $IREN has decided not to disappoint our analyses.
The chart now offers a technical lesson in "trend reversal":
Breakout:
The stock has left the (Falling Wedge) channel that had been constraining it for months.
Confirmation:
What is happening now is not a pullback, but the formation of a "flag" pattern (Bull Flag). In technical analysis, this is a "soldier's rest" ahead of a second wave of upward movement.
When the fundamentals (mentioned in our previous article) align so clearly with the technicals, the picture becomes more complete.
Next task for the stock:
Break through the current flag's top to confirm the launch.
Watch this pattern carefully.. the rebound could be stronger than we expect.$BTC #Bitcoin2026PriceOutlook