#比特币对比代币化黄金 ⚡ Eyeing short opportunities for $IRYS

Recently noticed something interesting on the 4-hour chart for this token—the price has been forming “lower highs” since the drop from its peak. Now the price is stuck in an awkward spot, facing resistance above, and overall it’s just consolidating within this range, looking ready to pick a direction at any moment.

If it does break below the current support, there’s a high probability that this downward trend will continue. Based on technical analysis, the first target would be to test the demand zone around 0.028712. If that doesn’t hold either, there could be even more room for a deeper pullback.

**Trading Plan:**
Leaning toward shorting this asset. Entry reference price is 0.032088, with stop loss set above 0.035730 (if it reverses, just admit defeat). Profit targets are set at two levels: first at 0.026625, second at 0.021161.

A heads-up on risks—if the price breaks above 0.035730, this bearish scenario is invalidated. Don’t hesitate to cut losses if needed. If the market structure changes, just accept it—there’s no point in holding on.

Also, keep an eye on recent movements between $BOB and $FHE , as capital flows among these altcoins could influence each other. Make sure the broader market environment supports the short, and don’t just focus on a single asset.