🔴 $IRYS under intense selling pressure!
The coin is down around 23% in 24 hours, with the latest moves showing a sharp drop alongside rising open interest.
Will the bleeding continue?
🎯 I’m watching for a retest of 0.02470–0.02500.
Failure to reclaim this zone could open the way to 0.02320, then 0.02250.
Reclaiming 0.02570 invalidates the proposed bearish scenario.
I wouldn’t open a short right after a crash candle. A failed bounce is a clearer signal than chasing the move.
#IRYSUDT #ShortEntry
The coin is down around 23% in 24 hours, with the latest moves showing a sharp drop alongside rising open interest.
Will the bleeding continue?
🎯 I’m watching for a retest of 0.02470–0.02500.
Failure to reclaim this zone could open the way to 0.02320, then 0.02250.
Reclaiming 0.02570 invalidates the proposed bearish scenario.
I wouldn’t open a short right after a crash candle. A failed bounce is a clearer signal than chasing the move.
#IRYSUDT #ShortEntry