IREN | DailyIREN LimitedBATS:IRENElliottChartIREN — Quantum Model Projection Corrective Phase | Short Term IREN has entered the anticipated corrective Intermediate Wave (2). This phase aligns with BTC’s projected correction at the intermediate degree and is expected to develop over the next few weeks. Quantum Analysis As projected, price reached $49.99✨, coming very close to the Q-Target ➤ $50.33, defined by the resistance Q-Structure λ₃ at precise confluence. This impulsive advance well extended gains to +62.5% since late March in an initiating move—reinforcing the bullish outlook and establishing Primary Wave ⓹ as an active extension. The newly generated convergent Q-Structure λ₄ now provides coherent support as the correction develops, pointing toward a Q-Target ➤ $36.66💫. This level will act as a turning point into the next impulsive phase—Intermediate Wave (3)—within the projected extension of Primary Wave ⓹ underway. 🔖 This outlook is derived from insights within the Quantum Models framework. #CryptoStocks #CryptoMining #QuantumModels