🚨 $IRIS
/USDT DROPS BELOW KEY SUPPORT – DANGER ZONE! 🚨
$IRIS is trading at 0.00975, down 12.79%, testing critical support zones after failing to maintain momentum from its previous highs at 0.02631. The sharp drop reflects intense selling pressure, and a further breakdown could trigger panic-driven moves.
💡 Key Levels to Watch:
Resistance: 0.01220 – A recovery above this level could indicate a bullish reversal, with potential targets at 0.01500 and 0.01800.
Support: 0.00940 – If breached, expect further decline toward 0.00703 or lower.
⚠️ Trade Setup:
Long Entry: Above 0.01220 with targets at 0.01500 and 0.01800.
Short Entry: Below 0.00940 with targets at 0.00703 and 0.00600.
Stop Loss: Tight stop near key levels to manage volatility.
📉 Risk Management: Monitor closely as IRIS approaches its make-or-break point. Stay vigilant and adjust trades accordingly!
