📊 $IRIS /USDT Analysis

The IRIS token has experienced a significant surge, currently up 41.31% at $0.01269. Today's high of $0.01471 and low of $0.00852 indicate strong bullish momentum.

Key Observations:

A sharp rally from the support level at $0.00843 suggests potential breakout behavior.

The RSI(6) is at 76.68, entering overbought territory, indicating a potential reversal or consolidation might follow.

Watch for resistance at $0.01471 and potential pullbacks to support at $0.01119.

🎯 Signal: Traders may consider scalping or swing trades but proceed cautiously due to the overbought RSI. Monitor for confirmation before entering long positions.

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