$IRYS LONG SETUP — Buyers Are Trying to Regain Control After the Pullback
Entry: 0.0780–0.0800
TP1: 0.0870
TP2: 0.0950
Final Target: 0.1020
SL: 0.0740
IRYS made a strong move upward before facing selling pressure near 0.12827. Since then, the price has pulled back and is now trading around 0.0805. Buyers are trying to stabilize the price, but confirmation of a recovery is still needed.
As long as the 0.0740 support zone holds, a bounce toward 0.0870–0.0950 is possible.
The market is still under pressure after the sharp rejection from higher levels. A breakout above 0.0870 could strengthen the recovery and open the way toward 0.1020.
Use a stop loss. Don't chase the bounce.
Trade on $IRYS
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #EarningsSeason
Entry: 0.0780–0.0800
TP1: 0.0870
TP2: 0.0950
Final Target: 0.1020
SL: 0.0740
IRYS made a strong move upward before facing selling pressure near 0.12827. Since then, the price has pulled back and is now trading around 0.0805. Buyers are trying to stabilize the price, but confirmation of a recovery is still needed.
As long as the 0.0740 support zone holds, a bounce toward 0.0870–0.0950 is possible.
The market is still under pressure after the sharp rejection from higher levels. A breakout above 0.0870 could strengthen the recovery and open the way toward 0.1020.
Use a stop loss. Don't chase the bounce.
Trade on $IRYS
#IRSPlansLowerTaxDisclosurePenaltiesForCryptoCases #EarningsSeason