Many people are still fantasizing about a rebound, but $IRYS just hit them with a brutal move. Pressure at the high level hasn’t shown up today—on the previous attempts to surge, there wasn’t any volume. The price looks strong, but in reality, every time it goes up, someone is selling.

For this segment, I’m watching 0.04832. As long as it can’t stay above it, the shorts’ momentum is still there. I’d already noticed changes around this level earlier, so when it later broke down through the key level, I didn’t hesitate—I held the short positions in line with the chart. The key is here: others see volatility; I see the buy pressure increasingly unable to hold.

Now 0.01301 has already been reached, with unrealized position profit of +1438.43% and the trend extending clearly. After a profit like this, the biggest fear isn’t making less—it’s getting greedy at the end and having a retracement swallow it back. If you have a position, you can consider taking profit in batches with an 80/20 split; the rest should be protected and held with your protective level, so you don’t hand control back to the market.

If you missed this round, don’t be in a hurry. Don’t chase hard after the drop—don’t chase the trade; wait for a more comfortable spot to enter.

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