The calm before a major market move can be deceptive. One moment traders are waiting, and the next moment a token is attracting attention from every direction. IRYS has delivered a powerful 159.2% gain in 24 hours, putting it firmly on the momentum watchlist. The excitement is real, but the next chapter depends on whether buyers can sustain the pressure.
I am watching the 0.0817 area for stability, followed by a possible move toward the next resistance zones. Rising volume would strengthen the bullish case, while fading volume and repeated rejection would warn that momentum may be cooling. I also want to see how Bitcoin dominance behaves before assuming that capital is rotating into smaller altcoins. Whale activity remains something to verify, not something to assume.
EP: 0.08170, after a confirmed hold or successful retest.
TP1: 0.08824
TP2: 0.09396
TP3: 0.10213
SL: 0.07516
IRYS has momentum, but the smartest move is to let price action confirm the opportunity. If buyers defend support and volume backs the next breakout, the setup becomes more interesting. I am ready for the move, with patience and discipline leading the way.
#Initia halts L1 and rollups after exploit
#Stablecoin payment regulations expand
