IRYS is battling a narrow channel beneath the 50‑day EMA, and the latest break of the lower swing signals fresh downside.
🔴 $IRYS SHORT 📉
Entry → $0.016254-$0.016286
Stop → $0.016758 (-3.0%)
TP1 → $0.016026 (+1.5%)
TP2 → $0.015456 (+5.0%)
R/R 1:1.7 • Confidence 65%
A change of character popped on the 4‑hour chart, confirmed by a surge in sell‑side CVD and a fresh fair‑value gap. The bearish order block lines up exactly with that gap, creating a POI where the structure flipped. The confluence of CHoCH, CVD, FVG and OB makes the short bias aggressive.
A 3.0% stop is relatively tight, so a modest 4‑5x leverage keeps risk per trade around one percent of equity.
Consider taking half profit at the first target once price reaches the next resistance zone.
As always: manage your risk, this is not financial advice 🙏
$IRYS #IRYSUSDT #INIT #TradingSignals #Write2Earn
🔴 $IRYS SHORT 📉
Entry → $0.016254-$0.016286
Stop → $0.016758 (-3.0%)
TP1 → $0.016026 (+1.5%)
TP2 → $0.015456 (+5.0%)
R/R 1:1.7 • Confidence 65%
A change of character popped on the 4‑hour chart, confirmed by a surge in sell‑side CVD and a fresh fair‑value gap. The bearish order block lines up exactly with that gap, creating a POI where the structure flipped. The confluence of CHoCH, CVD, FVG and OB makes the short bias aggressive.
A 3.0% stop is relatively tight, so a modest 4‑5x leverage keeps risk per trade around one percent of equity.
Consider taking half profit at the first target once price reaches the next resistance zone.
As always: manage your risk, this is not financial advice 🙏
$IRYS #IRYSUSDT #INIT #TradingSignals #Write2Earn