📉 $IRYS 1H:
• Trading Plan (Long):
• Entry: $0.030800 - $0.031500
• Stop Loss (SL): $0.030000
• Take Profit (TP): $0.033500 and $0.034500
• Key Resistance/Support: The Low of Day (LOD) at $0.030873 is acting as a strong dynamic floor, consistently supporting price movements for a temporary rebound.
• Indicators: RSI(24) is at 44.1 and has room to fall further, confirming potential for continued downside before a bounce. MACD is deep below zero and converging, validating a loss of downward momentum that could lead to a relief rally.
• Outlook: Failure to hold $0.030873 will likely push IRYS down to retest the $0.028000 low. A break above the EMA(20) targets the $0.037212 region.
