IREN showing strength today with bullish momentum building. The price action is establishing a series of higher lows, suggesting buyers are defending support levels effectively.

Technically, we're seeing some encouraging signals: MACD is starting to turn positive, and RSI is climbing away from oversold territory. These indicators suggest momentum could be shifting in favor of buyers.

The pattern points to potential accumulation happening beneath the surface. When this kind of quiet consolidation breaks, moves tend to be decisive. Worth keeping an eye on for the next leg up.