$IRYS 1 surged 8.97% over the past hour, with the current price at 0.04104 and a 24h range of 0.0183 ~ 0.04372.
A genuine breakout is often accompanied by a surge in volume, while a false breakout often lacks volume. This is the method I use most often to judge breakouts.
The first pullback after a rally is the most important: a low-volume correction is still healthy, but a high-volume drop should be treated with caution.