$IRYS — Sell/Short 📉
🔴 Entry: 0.0210 – 0.0213
🛑 SL: 0.0217
🎯 TP1: 0.0203
🎯 TP2: 0.0197
🎯 TP3: 0.0188
ANALYSIS →
Price has pushed into a clear supply zone near weak highs, after a bullish BOS, but momentum is slowing. This looks like a liquidity grab into resistance rather than strong continuation. The area above shows rejection potential, with price likely to rotate back down toward demand. Structure suggests a pullback phase after expansion, targeting internal liquidity and lower zones. As long as price stays below the supply, short bias remains valid.
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IRYSUSDT
Perp
0.01854
-3.23%