IRYS's recent movement has attracted the attention of many traders. From the pullback after its launch, this coin has shown a quite strong rebound momentum, and some interesting signals have also appeared on the technical side.

Currently, IRYS has formed some support around 0.04535. If we observe from the smaller time frame candlestick structure, a typical bullish flag pattern is brewing, which usually indicates that an accelerated upward move could happen at any time. Many traders choose to take a small position at this level, setting a stop loss at 0.0425, with the target near the new high at 0.058.

Of course, trading is always full of uncertainties. If this small time frame breakout really occurs, the space for an accelerated rise is worth期待ing. But the premise is that the price can hold above the key support and continue to show the strong momentum seen before. If you're interested in participating, consider adjusting your position according to your risk tolerance.