๐จ $IRYS JUST HAD A MASSIVE CRASH โ BUT WATCH WHATโS HAPPENING NEXT! ๐๐ฅ
$IRYS shocked the market today with a heavy -77% correction, dropping from the peak at $0.1103 all the way down to the $0.012 zone before stabilizing around $0.02228. Extreme volatility โ but also extreme opportunity.
Hereโs the clean breakdown traders are watching ๐
๐ Major Sell-Off Event
A huge red candle wiped out early hype, likely from unlocked tokens or whale exits. However, price is starting to form a base around 0.02.
๐ Short-Term Recovery Signs
MA(7) at 0.02228 is now flattening โ indicating the sell pressure is slowing down.
Small green candles are forming, showing buyers stepping back in.
๐ฐ Market Cap: $44.76M
๐ง Liquidity: ~$914K
Healthy for a token that just absorbed intense volatility.
๐ฅ On-Chain Holders: 5,726
Holder count continues rising โ a good sign that the community isnโt shaken.
โก RSI(6): 59
Momentum has cooled and reset โ leaving room for potential bounce if demand increases.
If $IRYS can reclaim the 0.025โ0.028 zone, a push toward 0.03+ becomes possible. High-risk, high-reward territory.
Always manage risk. Volatility = opportunity AND danger.
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