No beating around the bush: I just saw $IRYS drop 8.7% in 5 minutes, and the community is probably full of people yelling “buy the dip” again.
My approach is to avoid catching the first knife during a sharp drop. I wait for the price to stabilize, then watch for strong buying support. One level to keep an eye on right now is the 24-hour low of 0.0244.
When it comes to buying the dip, taking your time is often safer. What are you most concerned about?