$IRYS $IRYS — Breakout Momentum Alert
IRYS broke out of its previous consolidation range with a strong bullish candle and a sharp increase in trading volume. The price is currently $0.01840, up 20.73% in the screenshot. However, the long upper wick near $0.02220 suggests possible selling pressure at higher levels. Avoid chasing this extended move.
Direction: Buy — wait for pullback confirmation
Entry zone: $0.01600–$0.01700 (suggested)
Take profit 1: $0.01950 (suggested)
Take profit 2: $0.02080 (suggested)
Take profit 3: $0.02220 (suggested)
Stop loss: $0.01520 (suggested)
Support: $0.01500–$0.01600; deeper support near $0.01200–$0.01300
Resistance: $0.01850–$0.01900; $0.02000; $0.02220
Execution plan: Wait for the price to pull back toward the suggested entry zone and show a bullish response on the 4-hour timeframe before entering. A sustained move above $0.01850–$0.01900 could support further upside. Losing the entry zone weakens the setup, while a drop below $0.01520 #EarningsSeason
#OCCIssuesFirstFinalRuleUnderGENIUSAct #110AutomatedWalletsGenerate99.6%OfRLUSDPayments
#SpaceXAndTeslaFormCommitteesToExploreMerger $BTC
IRYS broke out of its previous consolidation range with a strong bullish candle and a sharp increase in trading volume. The price is currently $0.01840, up 20.73% in the screenshot. However, the long upper wick near $0.02220 suggests possible selling pressure at higher levels. Avoid chasing this extended move.
Direction: Buy — wait for pullback confirmation
Entry zone: $0.01600–$0.01700 (suggested)
Take profit 1: $0.01950 (suggested)
Take profit 2: $0.02080 (suggested)
Take profit 3: $0.02220 (suggested)
Stop loss: $0.01520 (suggested)
Support: $0.01500–$0.01600; deeper support near $0.01200–$0.01300
Resistance: $0.01850–$0.01900; $0.02000; $0.02220
Execution plan: Wait for the price to pull back toward the suggested entry zone and show a bullish response on the 4-hour timeframe before entering. A sustained move above $0.01850–$0.01900 could support further upside. Losing the entry zone weakens the setup, while a drop below $0.01520 #EarningsSeason
#OCCIssuesFirstFinalRuleUnderGENIUSAct #110AutomatedWalletsGenerate99.6%OfRLUSDPayments
#SpaceXAndTeslaFormCommitteesToExploreMerger $BTC