The key high level we were watching finally gave an answer today. $IRYS

This round went from strong support to losing ground, and the change in market feel is very obvious. It's not surprising to have held short positions until now.

Entry reference was 0.04832. At that time, I was focused on the speed of the pullback after upper resistance. The upward moves lacked sustainability, but the pullbacks became more decisive each time.
The price is now at 0.01436, with current profit of +1385.05%. The release of market space is already evident on the chart.

Many are still waiting for a confirmation of a rebound, but the more they wait, the more passive they become. The key is here: in a weak market, a rebound is not an opportunity but might be a better position for shorts.
For those with positions now, don't let profits retrace too much. Take profits in an 80/20 split, and continue to follow the remaining portion with a stop-loss.
If you missed it, don't force a chase. Wait for a more comfortable position. The market offers opportunities every day.

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