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"IRYS 1H Analysis:

Long Trading Plan:

- Entry: $0.030800 - $0.031500

- Stop Loss: $0.030000

- Take Profit: $0.033500 and $0.034500

Key Levels:

- Support: Low of Day (LOD) at $0.030873 acting as a strong dynamic floor

- Resistance: EMA(20) at $0.037212

Indicators:

- RSI(24): 44.1, has room to fall, suggesting potential downside before a bounce

- MACD: Deep below zero, converging, indicating loss of downward momentum and potential relief rally

Outlook:

Failure to hold $0.2987 may lead to a retest of $0.028000. A break above EMA(20) targets $0.037212."

IRYSBSC
IRYS
0.036609
+16.16%

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