$IRYS

IRYSBSC
IRYSUSDT
0.05199
-3.17%

USDT Perp Technical Analysis

Price is trading around 0.0501 after a strong recovery from the 0.0438 low. Structure is still bullish, with higher lows forming.

Key Levels

Resistance: 0.0508 – 0.0523

Support: 0.0489, then 0.0471

Major Support: 0.0438

Outlook

Holding above 0.0489 keeps the bullish bias intact

A clean breakout and close above 0.0523 can open upside toward 0.0545 – 0.0560

Rejection from resistance may cause a pullback to 0.0489 – 0.0471 for a potential re-entry

Trade Idea

Long on pullback near 0.0489 – 0.0495

Targets 0.0523, 0.0545

Stop loss: Below 0.0470

Trend remains positive unless price loses 0.0470 on strong volume.