🚨 $IRYS — The Rally Is Getting Dangerous
IRYS has surged over 250% today, breaking its previous high of $0.08250 and reaching $0.08448.
📊 What the chart reveals: • RSI(6): 87 — Extremely overbought
• Volume: Surging
• Open Interest: Elevated
• EMA 9/21: Strong bullish alignment
Despite extreme overbought conditions, buyers are still in control.
⚠️ My outlook: The momentum remains bullish, but the risk of a sharp correction is increasing. I'm watching $0.08448 for a breakout and $0.07239 for signs of weakness.
Would you expect another breakout or a major correction from here?
#IRYSUDT #CryptoTradingTip #BinanceSquareTalks
IRYS has surged over 250% today, breaking its previous high of $0.08250 and reaching $0.08448.
📊 What the chart reveals: • RSI(6): 87 — Extremely overbought
• Volume: Surging
• Open Interest: Elevated
• EMA 9/21: Strong bullish alignment
Despite extreme overbought conditions, buyers are still in control.
⚠️ My outlook: The momentum remains bullish, but the risk of a sharp correction is increasing. I'm watching $0.08448 for a breakout and $0.07239 for signs of weakness.
Would you expect another breakout or a major correction from here?
#IRYSUDT #CryptoTradingTip #BinanceSquareTalks