IRYS has pulled back from attempting to touch the all-time high at 0.05858. The critical level to monitor is the 0.04467 supply zone—if this breaks down, it could signal further weakness. Meanwhile, keep an eye on whether 0.05115 holds as resistance. Most importantly, watch for trading volume to come in. Without volume confirmation, any recovery attempt could be unconvincing.
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AirdropHuntress
· 12h ago
Whether the key level at 0.04467 breaks or not will determine if the price continues to fall or rebounds. Data shows that trading volume is still too weak; a rebound with no volume is just a trap for the bears.
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ForkLibertarian
· 12h ago
It's the same story again; if there's not enough volume, don't expect a rebound.
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MEVHunter
· 12h ago
0.04467 If that supply zone breaks, you really need to be careful — rebounds without trading volume are all fake, I've seen it many times.
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ShadowStaker
· 12h ago
volume's the real tell here, innit. without it you're just watching paint dry at these levels. 0.04467 breaks and we're basically watching validator attrition in real time lol
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CrossChainMessenger
· 12h ago
It's the same old story again, volume come in? Waiting for this phrase every day, and the result? The rebound is still just as weak.
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BackrowObserver
· 12h ago
Another rebound with no volume, I'll just watch and say nothing.
IRYS has pulled back from attempting to touch the all-time high at 0.05858. The critical level to monitor is the 0.04467 supply zone—if this breaks down, it could signal further weakness. Meanwhile, keep an eye on whether 0.05115 holds as resistance. Most importantly, watch for trading volume to come in. Without volume confirmation, any recovery attempt could be unconvincing.