$IRYS I’m seeing price stabilize after a sharp sell off and clear liquidity sweep. The drop into 0.0334 cleaned weak longs, and price is now holding with tighter candles. This looks like absorption, not panic continuation.

Market read

Price was in a choppy range, then sellers pushed it down aggressively. That move failed to extend and momentum slowed near demand. Candles are small and overlapping, which tells me selling pressure is fading. As long as this base holds, a relief move stays in play.

Entry Point

0.03340 to 0.03375

Target Point

TP1 0.03430

TP2 0.03505

TP3 0.03600

Stop Loss

Below 0.03300

How it’s possible

Liquidity was taken below the recent low, late sellers entered, and stronger hands started absorbing supply. The market shifted from expansion to balance. If price holds above demand, it often looks for a corrective push toward the prior range highs.

I’m watching for stabilization to turn into continuation.

Let’s go and Trade now $IRYS