$IRYS – Pump into resistance
Strong vertical move.
Price is now testing a clear higher-timeframe selling zone.
Key observations:
• Daily RSI heavily overbought
• Retail buying is aggressive at these levels
• Volume and open interest expanded on the way up
Structure is still short-term bullish, but the risk of late buyers becoming exit liquidity is elevated.
Levels to watch:
Resistance: $0.036 – $0.042
Support: $0.028 – $0.030
Would you rather buy the continuation or wait for a cleaner retest? 👇
#IRYS #trading
Strong vertical move.
Price is now testing a clear higher-timeframe selling zone.
Key observations:
• Daily RSI heavily overbought
• Retail buying is aggressive at these levels
• Volume and open interest expanded on the way up
Structure is still short-term bullish, but the risk of late buyers becoming exit liquidity is elevated.
Levels to watch:
Resistance: $0.036 – $0.042
Support: $0.028 – $0.030
Would you rather buy the continuation or wait for a cleaner retest? 👇
#IRYS #trading