IRYS Just Got Crushed After the Pump – Did You Survive It? 😱
Three days ago IRYS was flying. Now it is down roughly 94% from the peak and the lesson is brutal.
🗣 Original analyst’s view
Crypto Patel says he warned not to chase the vertical pump and to let price come to his $0.015–$0.020 demand zone. He is still not buying the current drop and will wait for confirmation instead of catching the knife.
🔥 Why this move matters
- Extreme pumps often reverse just as hard.
- Current price remains well above the zone he marked on the chart.
- Protecting capital beats trying to catch every bounce.
- The structure still looks like distribution after the spike.
👀 What I am watching
- Whether price can stabilize above 0.025 or keeps sliding.
- Reaction if it finally reaches the 0.015–0.020 band.
- Any volume absorption or higher low once it gets there.
🎯 My plan
- Bias: Wait
- Trigger: Clean rejection or base inside the demand zone
- Estimated entry: 0.015–0.020 only with confirmation
- Stop / invalidation: Below the October low near 0.0117
- No chase above the zone
Did you avoid the IRYS trap or get caught? 👇
Drop the level that would make you interested again.
Not investment advice - research on your own! 🚀
$IRYS
Three days ago IRYS was flying. Now it is down roughly 94% from the peak and the lesson is brutal.
🗣 Original analyst’s view
Crypto Patel says he warned not to chase the vertical pump and to let price come to his $0.015–$0.020 demand zone. He is still not buying the current drop and will wait for confirmation instead of catching the knife.
🔥 Why this move matters
- Extreme pumps often reverse just as hard.
- Current price remains well above the zone he marked on the chart.
- Protecting capital beats trying to catch every bounce.
- The structure still looks like distribution after the spike.
👀 What I am watching
- Whether price can stabilize above 0.025 or keeps sliding.
- Reaction if it finally reaches the 0.015–0.020 band.
- Any volume absorption or higher low once it gets there.
🎯 My plan
- Bias: Wait
- Trigger: Clean rejection or base inside the demand zone
- Estimated entry: 0.015–0.020 only with confirmation
- Stop / invalidation: Below the October low near 0.0117
- No chase above the zone
Did you avoid the IRYS trap or get caught? 👇
Drop the level that would make you interested again.
Not investment advice - research on your own! 🚀
$IRYS
