$IRYS Holds Above Key Support in Tense Standoff

Current Price: $0.032756

Change: +1.19%

Market Cap: $9.91M

On-Chain Holders:6,157

On-Chain Liquidity:$991,060.62

Fully Diluted Valuation:$327.56M

The token address ends in 7c035d.

IRYS is defending the critical Supertrend support at $0.027190, trading in a tight consolidation range between $0.03117 and $0.03686. This period of compression follows a rejection from the $0.039 high. The chart shows a higher low structure forming, but price must break above the $0.034 resistance to signal a resumption of the uptrend. The battle is centered on the $0.03275 level. A failure to hold here risks a swift drop to retest the primary Supertrend line. However, a rebound from this support could fuel a push towards the local peak. The market is in a delicate balance, with the next move set to determine the short-term direction.

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