$IRYS still looks like a long-biased momentum setup.
4H structure is constructive above MA30 and MA200, RSI is pushing higher, MACD has turned positive again, and price is pressing into the 0.033 resistance zone. On 15M, momentum expansion is obvious. Yes, it is overheated short term, but this still looks more like breakout pressure than rejection. The move is also supported by active futures trading and recent Binance Alpha promotion, even if the latest surge appears mostly speculation-driven.
Bias: Long
Entry: 0.0321 - 0.0328
SL: 0.0311
TP1: 0.0339
TP2: 0.0354
TP3: 0.0372
For now, I still favor continuation on $IRYS unless price loses the breakout area fast. #IRYS #BinanceFutures #TechnicalAnalysis #AIcrypto #Crypto
4H structure is constructive above MA30 and MA200, RSI is pushing higher, MACD has turned positive again, and price is pressing into the 0.033 resistance zone. On 15M, momentum expansion is obvious. Yes, it is overheated short term, but this still looks more like breakout pressure than rejection. The move is also supported by active futures trading and recent Binance Alpha promotion, even if the latest surge appears mostly speculation-driven.
Bias: Long
Entry: 0.0321 - 0.0328
SL: 0.0311
TP1: 0.0339
TP2: 0.0354
TP3: 0.0372
For now, I still favor continuation on $IRYS unless price loses the breakout area fast. #IRYS #BinanceFutures #TechnicalAnalysis #AIcrypto #Crypto