๐ฅ $IRYS ALERT! Pullback in play! ๐
On the 15m chart, IRYS tried to break 0.040800 ๐ but got rejectedโmomentum ran out at the top. Candles are showing weakness, every bounce is smaller, signaling the market is shifting from strong buying to distribution mode. Liquidity above the high is already taken, so the chart needs a reset before the next big move.
Earlier, price dipped to 0.036641 and bounced ๐, but couldnโt form a strong higher high. This is a natural pause before fresh buyers step in. Current pullback at 0.0371 isnโt a breakdownโitโs a clean reset after an overextended run. If this zone holds, itโs a prime spot where buyers often jump back in! ๐
๐ Setup Zone
Entry: 0.03690 โ 0.03740
Target 1: 0.03830
Target 2: 0.03920
Target 3: 0.04060
Stop Loss: 0.03630
This setup works because weak longs are flushed, demand tapped, and candles are controlledโnot collapsing. Market is calming right where reversals usually start. If buyers defend this level, IRYS could shoot toward the magnet levels above! ๐๐ฅ
๐น Letโs trade $IRYS now!
