$IRYS Market Structure
Trend Short-term corrective within a broader uptrend testing MA200 at 0.02118
Price Current price around 0.02105–0.02120, overbought conditions RSI 85
Structure Price above MA7/MA25/MA50/MA100 shows bullish bias, but momentum needs a cooldown
Momentum Overbought MACD near zero line, indicating potential short-term pullback
MA200 is resistance support clusters around 0.0194–0.0181
Resistance:0.02118
Support:0.01947
Pullback Entry
Long Setup Support-Based
Condition: Buy the dip near support
Entry Zone: 0.01940 – 0.01970 0.01800 – 0.01825
Take Profit:
TP1: 0.02150
TP2: 0.02300
TP3: 0.02550
Stop Loss: 0.01680
Short Setup Reversion
Condition: Price rejection at MA200 with RSI overbought
Entry Zone: 0.02180 – 0.02210
Take Profit:
TP1: 0.02020
TP2: 0.01950
Stop Loss: 0.02320
Breakout Entry
Long Setup
Condition: 4H candle closes above 0.02125 with volume
Entry: 0.02130+
Take Profit: 0.02300 / 0.02550
Stop Loss: 0.01970
Short Setup Trend Continuation
Condition: Breakdown below 0.01810
Entry: 0.01800 – 0.01805
Take Profit: 0.01650 / 0.01600
Stop Loss: 0.01850