$IRYS is a sleeping giant, and the first tremors are here. 🌋

A quiet +1.05% push to $0.03165 just cracked the 7-day MA resistance. This isn't noise—it's the first sign of life in a monumental recovery story.

Look at the devastation on the chart. IRYS fell from the $0.115 peaks into the abyss. That’s a 73% collapse. But here's the secret: crashes of that magnitude don't end with a whimper. They end with a V-shaped reversal that leaves everyone behind.

We're at the absolute nadir, forming a base. Volume is anemic at 453K, less than half the 5-day average. This is the deep accumulation zone. Smart money (0x9115...7c035d) is loading the boat in the silence.

With 6,142 holders and nearly **$1M in on-chain liquidity**, the infrastructure is there. The FDV is high at $316M, but the circulating cap is only $63.3M. The leverage for a pump is insane.

The first target is a fill of the gap to $0.0505**. That's a **60% surge** from here. But the real dream? A return to the 99-day MA zone near **$0.093. That's a 200%+ climb.

This is a high-conviction, high-patience play. When the volume returns to match the MA(5) above 1M, the lid will blow off.

I'm watching for a daily close above $0.032. That confirms the base. Then, we ride the Phoenix back from the ashes.

Don't wait for the crowd to see the smoke. The volcano is waking up.

#Crypto #RecoveryPlay #DeepValue #Accumulation #SleepingGiant