ematrading

IRYS has shown a clear rejection after a strong pump, and the price is coming under pressure below the EMA levels.
The market structure looks weak—based on that, a Short Setup has been created.

🎯 Short Levels Below:

Entry: Already Active

Stop Loss: 0.05000 – 0.05020 (Invalidation Zone)

Take Profits:

TP1: 0.04720

TP2: 0.04680

TP3: 0.04580

📌 Why This Short?

Price is forming a lower-high structure

Volume collapse after the pump

EMA 7 / EMA 25 bearish pressure

A break of 0.04720 → continuation likely

⚠️ Note:
Reclaim of 0.04950–0.05000 = Short invalid → exit.

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