🚨 $IRIS PLUNGES -15.14%! HIGH-RISK ALERT! 🚨
$IRIS is trading at $0.00751, experiencing a sharp decline as its delisting date of December 10, 2024, approaches. The sell-off highlights high volatility, posing risks and opportunities for traders.
💡 CRUCIAL LEVELS TO WATCH:
Support: $0.00703 – A break below this could lead to further losses, testing the $0.00639 zone.
Resistance: $0.01103 – Recovery needs to surpass this to regain momentum.
📉 Market Sentiment:
The upcoming delisting is driving bearish sentiment, with traders exiting positions. However, volatility could provide scalping opportunities for experienced traders.
⚠️ TRADING TIP:
Tighten risk management. Avoid aggressive positions unless you're well-versed in handling high-risk scenarios. Monitor volume for signs of capitulation or potential recovery attempts.
💬 How are you playing $IRIS – riding the dip or staying clear? Share below!