$IRYS is showing a potential short-on-retest setup after an extreme pump to $0.50406 was rejected, triggering a sharp reversal and prolonged consolidation. Based on your 15-minute chart, sellers remain in control, while buyers are defending the $0.05624 support zone.
EP: $0.06400–$0.06700 TP1: $0.05900 TP2: $0.05650 TP3: $0.05200 SL: $0.07050
The entry zone represents potential resistance where a relief bounce could attract sellers; wait for bearish rejection before entering. A break below $0.05624 could expose liquidity near $0.05200, while a sustained move above $0.07050 invalidates the setup. The chart screenshot shows $0.06201, but more recent market data differs, so verify the current price before placing an order.
EP: $0.06400–$0.06700 TP1: $0.05900 TP2: $0.05650 TP3: $0.05200 SL: $0.07050
The entry zone represents potential resistance where a relief bounce could attract sellers; wait for bearish rejection before entering. A break below $0.05624 could expose liquidity near $0.05200, while a sustained move above $0.07050 invalidates the setup. The chart screenshot shows $0.06201, but more recent market data differs, so verify the current price before placing an order.