$IRYS /USDT Technical Analysis

Current Price: $0.048805

24h Change: -10.52%

24h High / Low: $0.057433 / $0.048575

24h Volume: 38.27M USDT

Market Structure & Trend

Price is showing strong bearish momentum, down over 10% in 24h.

The market has rejected higher levels around $0.057, forming a short-term resistance zone.

Immediate support is at $0.0485, which is currently being tested.

Short-term trend: Bearish, with lower highs and lower lows visible on the 15m and 1h charts.

Key Levels

Resistance:

$0.0520 – Previous support turned resistance

$0.0540 – Minor resistance from intraday highs

$0.0560 – Stronger 24h high zone

Support:

$0.0485 – Immediate support