$IRYS had a sharp spike to 0.0347 followed by a quick rejection, and now it’s settling into a recovery phase after volatility. The structure shows price trying to stabilize around 0.0295–0.0300, which is acting as a pivot zone.

If this level holds, a gradual move back toward 0.032–0.033 is possible as the market rebuilds momentum. But if it loses 0.029, the weakness returns and price could slide back toward 0.0275 where the last base formed. Right now it’s not trending it’s repairing structure after a fake breakout. Bias: neutral, slight bullish if 0.030 holds.