IRYS is sliding beneath the recent swing high, caught in a tightening downtrend as sellers dominate the order flow.

🔴 $IRYS SHORT 📉
Entry $0.023277-$0.023323 | SL $0.023999 (-3.0%) | TP1 $0.022951 (+1.5%) | TP2 $0.022135 (+5.0%) | R/R 1:1.7 | Conf 64%

A change of character broke the bullish structure, and a volume‑driven CVD swing confirmed the bias. The fair‑value gap lines up with a bearish order block, while a liquidity sweep cleared the last long stop, creating a POI where the OB and FVG overlap.

A 3.0% stop is relatively tight for a short on this volatility, so keep leverage modest, around 3‑5×.

Take a half of the position off at the first profit target to lock in gains before the next swing.

Not financial advice — trade only what you can afford to lose 🙏

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