The bearish news was very accurate, with liquidity evaporating in the $IRYS

IRYS

Alpha

0.022485

+4.96%

IRYSUSDT pair. Permanent price: 0.02059 +10.34% 📉 Entry price: 0.0185 (Short Sell) 📉 Target 1: 0.0165 🎯 Target 2: 0.0140 🎯 Target 3: 0.0120 🚀 Stop Loss: 0.0210 🛡️ Reason: The price failed to hold the supply zone at 0.0220 and experienced a sharp vertical drop. With the trading volume structure remaining significantly bearish and rejection signs appearing at the local highs for $TAO, smart money is moving into short positions. We expect the decline to continue as the remaining buying liquidity is depleted. $BCH $ETH