Guys $IRYS is showing an interesting rejection setup here 📉
Entry: 0.0221 - 0.0223
🎯 TP1: 0.0214
🎯 TP2: 0.0208
The move up hit a wall right at resistance with high volume, leaving a clear rejection structure on the lower timeframe.
Long positioning is heavily crowded over 70%, creating high risk for a pullback if support gives way.
Watching for sellers to keep control below resistance toward 0.0208.
Let's manage risk carefully 🎯
Entry: 0.0221 - 0.0223
🎯 TP1: 0.0214
🎯 TP2: 0.0208
The move up hit a wall right at resistance with high volume, leaving a clear rejection structure on the lower timeframe.
Long positioning is heavily crowded over 70%, creating high risk for a pullback if support gives way.
Watching for sellers to keep control below resistance toward 0.0208.
Let's manage risk carefully 🎯
