IREN is breaking out above its volume shelf with strong momentum building on the weekly timeframe. The token is steadily climbing higher and positioning itself to test previous resistance levels. Looking at the chart structure, the volume profile shows a clear shelf formation, and now that price is advancing past this zone, there's a setup for challenging the prior highs. Traders watching this move should monitor how the token handles these overhead levels—a break above them could signal further upside potential in the near term.