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【$IRYS】Short, 4H Overbought/Price-Volume Divergence/Selling Pressure Emerging
$IRYS Price surged and pulled back, 4-hour RSI overbought, buying momentum fading. The last 4-hour candle rushed to 0.02129 before closing with a long upper wick, accompanied by surging trading volume but price failed to hold steady—a typical profit-taking signal. Heavy selling pressure in the 0.0205-0.0213 zone above makes it difficult for bulls to gain traction in the short term.
🎯 Short 🛑 Stop Loss: 0.0208 ⚡ Entry: 0.0199 - 0.0202 🚀 Target: 0.0185 🛡 Take profits in batches, strictly guard against drawdowns.
View live charts 👇 $IRYS
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