$IRYS short-term momentum is heavily bearish after the rejection, so shorting the relief bounces is the priority
Open Interest there was a massive buildup during the pump, followed by a sharp drop. This means that a lot of late buyers were trapped at the top, and a long squeeze has occurred
$IRYS Short Setup
· Entry Short: 0.14 - 0.16 (Wait for rejection signals at this zone)
· Stop Loss: above 0.18
· Take Profit: 0.11, 0.08
Support me just Trade here👇#irys
Open Interest there was a massive buildup during the pump, followed by a sharp drop. This means that a lot of late buyers were trapped at the top, and a long squeeze has occurred
$IRYS Short Setup
· Entry Short: 0.14 - 0.16 (Wait for rejection signals at this zone)
· Stop Loss: above 0.18
· Take Profit: 0.11, 0.08
Support me just Trade here👇#irys