IREN 15min chart: MACD Death Cross, Bollinger Bands Narrowing Triggered

Based on the 15-minute chart for IREN, the MACD indicator has crossed below its signal line, which is a bearish signal, and the Bollinger Bands have begun to narrow, indicating a decrease in volatility. This suggests that the stock price is likely to continue its downward trend, with a potentially reduced magnitude of price fluctuations.