I looked at your chart for IRAM Token on the 1-hour timeframe. Here is a simple technical analysis 📊
1️⃣ Current Trend
Price: $0.004147
The chart shows strong bearish momentum.
Several large red candles mean sellers are dominating the market.
2️⃣ Bollinger Bands
Price has touched / moved near the lower band, which usually means:
The coin is oversold
A short bounce or consolidation may happen.
3️⃣ Key Levels
Support:
$0.0038 – $0.0035 → strong support area (recent low)
Resistance:
$0.0059 – $0.0062 → middle Bollinger band
$0.0073 – $0.0074 → strong resistance from previous top
4️⃣ Volume
Big red candles came with higher volume, confirming panic selling.
5️⃣ Possible Scenarios
📉 Bearish case
If price breaks $0.0038, next drop could be around $0.0032 – $0.0030.
📈 Bounce case
If buyers step in, price may bounce to:
$0.0055 – $0.0060
6️⃣ Simple Trade Idea (Example)
Buy zone: $0.0038 – $0.0040
Target: $0.0055
Stop loss: $0.0034
#IRAM $BNB $ETH $SOLV