$IRYS (1h) - Rejection Short


Bias: Short
Entry (Zone): 0.0552 - 0.0561
Targets:
TP1: 0.0530
TP2: 0.0505
TP3: 0.0480
Stop Loss: 0.0588
Why this Setup:
I’m shorting the failed rebound under the recent supply zone after the sharp spike and selloff. I want a clean rejection from this area, with downside likely to continue back toward the prior support levels if momentum stays weak.

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