🚀 $IRYS Time for a bounce?
After a massive pump to 0.504060, the coin completely cooled off and found a solid bottom around 0.011680. The asset is now squeezed into a narrow range near 0.01998 USDT — a typical accumulation phase ahead of a new impulse.
Why I'm looking to go long:
• Selling pressure fading: Volume has dropped to a minimum, and sellers have run out of steam.
• Holding the level: The price has held steadily above the local low of 0.01807 over the last 24 hours.
• The indicator is flat near the zero mark — there's plenty of room for an upward move if buyers step in.
If the price breaks above and holds above the daily high of 0.02017, I expect it to break out of the range and make a solid bounce.
$IRIS
After a massive pump to 0.504060, the coin completely cooled off and found a solid bottom around 0.011680. The asset is now squeezed into a narrow range near 0.01998 USDT — a typical accumulation phase ahead of a new impulse.
Why I'm looking to go long:
• Selling pressure fading: Volume has dropped to a minimum, and sellers have run out of steam.
• Holding the level: The price has held steadily above the local low of 0.01807 over the last 24 hours.
• The indicator is flat near the zero mark — there's plenty of room for an upward move if buyers step in.
If the price breaks above and holds above the daily high of 0.02017, I expect it to break out of the range and make a solid bounce.
$IRIS
