IRYS is battling lower highs, the last candle slipped below the 38.2% fib and eyes a fresh test of the 1.75 support.

🔮 $IRYS SHORT 📉
Entry $0.021139-$0.021181 | SL $0.021795 (-3.0%) | TP1 $0.020843 (+1.5%) | TP2 $0.020102 (+5.0%) | R/R 1:1.7 | Conf 64%

The market structure broke on a clear change of character, and CVD turned negative confirming selling pressure. A fair value gap and an order block overlap at the same level, creating a solid point of interest.

A 3.0% stop is relatively tight, so using modest leverage like 3‑5x keeps risk in check.

Consider taking half profit around the first target near the 1.70 level.

DYOR — this isn't financial advice, size your risk accordingly 🙏

$IRYS #IRYSUSDT #THORChain #TradingSignals #Write2Earn