$IRYS is facing strong selling pressure after its recent pump. Bears are gaining control, and further downside toward $0.02594 is possible if support continues to weaken.

Entry: $0.02940–$0.02960
TP: $0.02850 / $0.02750 / $0.02594
SL: $0.03152

Stay cautious and manage risk carefully. Wait for confirmation before entering the trade.