$IRYS A wild surge and crash—who’s left holding the bag?
Looking at the news and the 1-hour chart, IRYS surged 280% this morning, then immediately lost half its value. This was clearly a short squeeze: major players liquidated the shorts, then aggressively dumped their holdings.
Capital flows: on the 1D higher timeframe, the bars are still green, but on the short-term 1h timeframe, flows have turned red, indicating outflows. Short-term profit-takers are scrambling to exit, while major players repeatedly cash in on the news.
Trading suggestion: Short now—no hesitation!
Enter short around 0.10–0.12; if it breaks below 0.08, follow the move.
Rationale: After the short squeeze, bullish momentum has faded, and the MACD has formed a death cross at a high level.
Want to know the exact take-profit level? Fanxin will help you catch this downtrend!
$BTC $ZEC #币安神算子 #股票财报季
Looking at the news and the 1-hour chart, IRYS surged 280% this morning, then immediately lost half its value. This was clearly a short squeeze: major players liquidated the shorts, then aggressively dumped their holdings.
Capital flows: on the 1D higher timeframe, the bars are still green, but on the short-term 1h timeframe, flows have turned red, indicating outflows. Short-term profit-takers are scrambling to exit, while major players repeatedly cash in on the news.
Trading suggestion: Short now—no hesitation!
Enter short around 0.10–0.12; if it breaks below 0.08, follow the move.
Rationale: After the short squeeze, bullish momentum has faded, and the MACD has formed a death cross at a high level.
Want to know the exact take-profit level? Fanxin will help you catch this downtrend!
$BTC $ZEC #币安神算子 #股票财报季