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【$IRYS Signal】Long | Breakout with Rising Volume and Price
$IRYS After a volume surge, the price action shows continuous absorption by buyers, which is a typical feature of main players entering rather than a short squeeze. The market structure is healthy with no significant selling pressure.
🎯 Direction: Long
🎯 Entry: 0.0478 - 0.0490
🛑 Stop Loss: 0.0455 ( Fixed Stop Loss )
🚀 Target 1: 0.0525
🚀 Target 2: 0.0560
The rise of $IRYS is accompanied by significant volume expansion and increased open interest, which are strong confirmation signals of bullish momentum. After breaking out, there was no deep retracement, indicating insufficient market supply and that buyers are in control. Any retracements on the lower timeframe are quickly absorbed, reflecting a healthy bullish structure. The current zone is the first support after the breakout; holding it opens upward potential. The probability advantage lies in following the strong momentum.
Trade here 👇 $IRYS
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