$IRYS has made the breakout, but the interesting part is what happens after the first impulse. Price reached 0.02110 and is now consolidating around 0.0200, while the 7 MA remains above the 25 and 99 MAs.
The 0.0193–0.0200 area is becoming important for the short-term structure. Holding it keeps the breakout intact; losing it could bring a deeper retest toward the 0.0183 area. The next move likely depends more on volume returning than on the current price alone.
The 0.0193–0.0200 area is becoming important for the short-term structure. Holding it keeps the breakout intact; losing it could bring a deeper retest toward the 0.0183 area. The next move likely depends more on volume returning than on the current price alone.