IREN: 50 SMA Cup-and-Handle at ResistanceIREN LimitedBATS:IRENKochva_💡 Swing setup idea 50 SMA Strategy 🔎 Analysis summary: The stock crossed the 50-day moving average and is reaching resistance again. We can also see a closing cup-and-handle pattern. This alignment of trend, pattern and level makes the breakout area key to watch. The upside potential is projected by the depth of the cup from the breakout point. 👀 Levels to watch: Entry trigger: Break above $49.20 Target: $69.43 Stop: Under the breakout 💬 Will IREN break through resistance and continue higher? Let me know in the comments! 👇 Good luck! ⚠️ Note: This is for educational purposes only and is not financial advice.