IRYS(IRYSUSDT) Recently, several noteworthy phenomena have emerged on the technical front. On the 1-hour chart, the MACD has formed a high-level death cross, and trading volume has significantly shrunk. This divergence between price and volume usually indicates the exhaustion of upward momentum. Furthermore, the 4-hour RSI indicator has fallen from an extreme high of 90 to 59, suggesting that large funds may be quietly exiting the market.

Combining these signals, a classic bearish divergence pattern can also be seen on the chart—price reaching new highs while volume does not follow, which often signals a reversal. Currently, IRYS is trading around 0.0449, and from a technical perspective, this presents a relatively clear shorting opportunity.

It is important to remember that technical analysis is only a reference tool. The market may experience unexpected volatility, and any trading decision should be made cautiously, assessing your own risk tolerance.