EXTREME PUMP & DUMP: The BIRB and IRYS journey 📊
Analyzing the 4H chart, both coins showed aggressive patterns of manipulation/extreme volatility. Here’s a summary of the move:
🟢 1. BIRB
$BIRB
Starting low: 0.04501 USDT.
Peak high: 0.20887 USDT (a wild surge of more than +360%). 🔥
The big drop: After hitting the top, it pulled back sharply, breaking through support levels until trading near 0.07677 USDT (a drop of more than -63% from the daily high).
🟢 2. IRYS
$IRYS
Starting low: 0.01168 USDT.
Peak high: 0.50406 USDT (an enormous spike of more than +4,200%). (Incredible) 🔥
The big drop: The downward wick immediately sent the price crashing to 0.03418 USDT, giving back practically the entire move and recording a -46.78% change in 24h.
💡 Market lesson:
This kind of extreme wick in perpetual contracts traps those who FOMO in at the top and liquidates leveraged positions in seconds. Strict risk management and using a Stop Loss are not optional in these scenarios.
You can join our chat rooms here ⬇️
CRIPTOMONEDAS Y ACCIONES 💜🌹🔥
LOS FANTÁSTICOS DEL TRADING 🔥🦁🔥
⚠️ This is not financial advice. Protect your capital and do your own research (DYOR). 📈😃
Did you catch either of these moves, or do you prefer to stay on the sidelines amid this volatility? Leave your comment 👇💬
#CRIPTOMONEDASYACCIONES #losfantasticosdeltrading #BinanceSquare #Write2Earn #Irys
Analyzing the 4H chart, both coins showed aggressive patterns of manipulation/extreme volatility. Here’s a summary of the move:
🟢 1. BIRB
$BIRB
Starting low: 0.04501 USDT.
Peak high: 0.20887 USDT (a wild surge of more than +360%). 🔥
The big drop: After hitting the top, it pulled back sharply, breaking through support levels until trading near 0.07677 USDT (a drop of more than -63% from the daily high).
🟢 2. IRYS
$IRYS
Starting low: 0.01168 USDT.
Peak high: 0.50406 USDT (an enormous spike of more than +4,200%). (Incredible) 🔥
The big drop: The downward wick immediately sent the price crashing to 0.03418 USDT, giving back practically the entire move and recording a -46.78% change in 24h.
💡 Market lesson:
This kind of extreme wick in perpetual contracts traps those who FOMO in at the top and liquidates leveraged positions in seconds. Strict risk management and using a Stop Loss are not optional in these scenarios.
You can join our chat rooms here ⬇️
CRIPTOMONEDAS Y ACCIONES 💜🌹🔥
LOS FANTÁSTICOS DEL TRADING 🔥🦁🔥
⚠️ This is not financial advice. Protect your capital and do your own research (DYOR). 📈😃
Did you catch either of these moves, or do you prefer to stay on the sidelines amid this volatility? Leave your comment 👇💬
#CRIPTOMONEDASYACCIONES #losfantasticosdeltrading #BinanceSquare #Write2Earn #Irys
