$IRIS
/USDT Technical Analysis & Trade Signal
Current Price: $0.01268
Momentum: Bullish (24h +41.68%)
Key Observation: Recent price surge indicates strong buying pressure, possibly fueled by speculation before delisting.
Trade Signal: Long Position
Entry Zone: $0.01250 - $0.01280
Stop-Loss: $0.01080 (below recent support level)
🎯 Target Levels:
1. Target 1: $0.01350 (Short-term resistance)
2. Target 2: $0.01450 (Previous 24h high)
3. Target 3: $0.01500 (Psychological resistance)
Momentum Analysis:
Volume Surge: High trading volumes indicate strong interest and momentum.
RSI: Likely in overbought territory; monitor for corrections or divergence.
Trend: Short-term uptrend intact; higher highs and higher lows visible on the chart.
Caution:
Expect high volatility leading up to delisting.
Use a trailing stop to lock in profits if momentum reverses abruptly.
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