🚨 $IRYS TRENDING: Major Bounce or Further Dip? | Trade Forecast Included 📉📈

The IRYS/USDT daily chart is flashing extreme signals! After a sharp -15.57% drop to 0.03209, we are entering a high-stakes zone. The price is currently hovering just above the 24h low of 0.03049.

📊 Key Technical Breakdown:

Oversold RSI: The RSI(6) is at a staggering 15.6, while the RSI(14) sits at 31.4. Historically, these levels often precede a technical relief bounce.

Stochastic K/D: Currently at 13.6 and 20.8, reinforcing the "Oversold" narrative.

EMA Pressure: The price is trading well below the EMA(8), (13), and (21) cluster (around 0.040 - 0.044), which now acts as heavy resistance.

🎯 TRADE FORECAST: Scalp Long Opportunity

Based on the deep exhaustion shown in the RSI, a short-term recovery toward the EMA cluster is probable.

Entry Zone: 0.03150 – 0.03210

Take Profit (TP): 0.03850 (near 24h high)

Stop Loss (SL): 0.02980 (below psychological support)

⚠️ Risk Warning: Volatility is high. Ensure you use proper position sizing!

Trade $IRYS / $USDT Now! Follow & turn 🔔 on ✅

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