$IRYS /USDT SHORT TRADE SETUP
Entry: $0.1550 – $0.1580
TP1: $0.1480
TP2: $0.1400
TP3: $0.1300
Stop Loss: $0.1750
Reason:
• Parabolic vertical rally experiencing exhaustion near local resistance.
• Formed consecutive red correction candles following the peak near $0.1730.
• Volume profile shows fading buying pressure after the initial surge.
• Price is failing to sustain higher highs on the lower timeframes.
⚠️ Trade with proper risk management.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.
Entry: $0.1550 – $0.1580
TP1: $0.1480
TP2: $0.1400
TP3: $0.1300
Stop Loss: $0.1750
Reason:
• Parabolic vertical rally experiencing exhaustion near local resistance.
• Formed consecutive red correction candles following the peak near $0.1730.
• Volume profile shows fading buying pressure after the initial surge.
• Price is failing to sustain higher highs on the lower timeframes.
⚠️ Trade with proper risk management.
This post is for educational purposes only and is not financial advice. Always manage your risk carefully.