🏄 $IRYS pumping +12.1% with 120.7x abnormal volume - This explosive move and massive volume are most likely a stop hunt combined with some accumulation, but it’s not a confirmed trend shift yet. The real test is if price retests and holds above 0.02241 or 0.02189. - I would NOT long at the top after such a vertical spike. Instead, I’d wait for price to pull back into 0.02241 or (ideally) 0.02189–0.021, and only long after a clear bullish reversal pattern forms at one of these levels. - Entry plan: If price dips to 0.02241 or as low as 0.02189, wait for a pin bar, bullish engulfing, or a strong reversal on 5m before entering long. Take profit at 0.02313, 0.02351, and 0.02413. Stop-loss should be placed just below the swing low that forms the reversal. - If price rips above the most recent high without any pullback or clear confirmation, I’d avoid chasing as this could be a bull trap, especially with ADX showing weak momentum. - If price closes below 0.021, I’d abandon the long bias and expect sellers to take back control. 📝 This is not investment advice, just an educational analysis! Stay safe and always wait for confirmation before entering on hype or volume spikes. 📊 Get detailed free analysis of any coin on any timeframe you want. Try Finora AI - Your Trade Buddy for free → https://t.co/kMPco9Fs6m