See $IRYS increase nearly 20% in the past 24 hours with quite bullish buying pressure—everyone can clearly see that. But in this segment, I’m not in a hurry to FOMO chasing the price action. RSI 14 has already surged to as high as 93.7, and in addition, Open Interest over the past hour jumped strongly by 30.2%, indicating that leveraged funds are rushing into longs very quickly around the resistance zone of 0.02027. When the crowd converges on one side and the overbought indicator is this stretched, the risk of sharp volatility sweeping through liquidity is real, not just talk. I’m watching to see whether the price can hold above support at 0.01652 before I decide what to do next. #IRYS #BinanceSquare #Crypto Watch:$QNT $SOON

See $IRYS increase nearly 20% in the past 24 hours with quite bullish buying pressure—everyone can clearly see that. But in this segment, I’m not in a hurry to FOMO chasing the price action. RSI 14 has already surged to as high as 93.7, and in addition, Open Interest over the past hour jumped strongly by 30.2%, indicating that leveraged funds are rushing into longs very quickly around the resistance zone of 0.02027. When the crowd converges on one side and the overbought indicator is this stretched, the risk of sharp volatility sweeping through liquidity is real, not just talk. I’m watching to see whether the price can hold above support at 0.01652 before I decide what to do next.

#IRYS #BinanceSquare #Crypto

Watch:$QNT $SOON