$IRYS – Bullish Breakout Setup
A short liquidation of $1.35K at $0.04611 suggests trapped sellers and strengthening upside momentum. Price holding above the liquidation zone keeps the bullish continuation bias intact.
Key Levels
Support: $0.0452 – $0.0461
Resistance: $0.0480 – $0.0505
Trade Setup (Long)
Entry: $0.0460 – $0.0472
Targets:
TP1: $0.0480
TP2: $0.0505
TP3: $0.0540
Stop Loss: $0.0442
Market Sentiment Short pressure has been absorbed and buyers are gaining control. A decisive move above resistance could trigger a bullish expansion. Maintain disciplined risk management. Not financial advice.
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IRYSUSDT
Perp
0.048437
+2.39%