2026-01-09 11:26:28

IRYS recently demonstrated a classic breakout rally. Starting from a low of $0.043780, the price repeatedly oscillated between $0.048000 and $0.050000, with each technical pullback quickly absorbed by buying interest, accumulating bullish momentum. The breakout moment arrived — the price surged straight up to $0.052770, hitting a new high, then slightly retraced to $0.050889, closing the day up 10.94%. The 24-hour trading volume exceeded 45.33 million USDT, with a total volume of 922 million, clearly indicating increased momentum during the sprint phase, with large capital participation boosting the move. The previous consolidation zone was essentially a runway for the bulls to gather strength.

Looking at the 7-day gain of 111.01% and the 30-day gain of 47.01%, this upward trend is indeed strong. For traders, chasing the high is not the best strategy. It’s better to patiently wait for a pullback to the $0.048000-$0.049000 range before re-entering, relying on recent support levels to reduce risk. For take-profit targets, set phased goals — $0.051000 as the first checkpoint, $0.052000 as the second stage, and if the previous high is successfully broken, continue towards $0.053000. Stop-loss should be set at $0.047000; a break below this indicates short-term upward momentum weakening, and timely stop-loss is advised.

For the bullish side, hold as long as key support is not broken; for the bearish side, avoid trading these strong coins that break new highs, as counter-trend operations are often swallowed by the market; those looking to go long should wait for a low-entry point to safely capture profits from this rally.

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TokenomicsTinfoilHat

· 13h ago

111% seven-day increase, how many people must have bought the dip to push it up?

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HypotheticalLiquidator

· 15h ago

Pure false prosperity, be cautious when trading volume expands --- 111% increase... How healthy can this factor be to surge like this --- Chasing highs, waiting to be liquidated in a chain reaction, the liquidation price is already at the door --- Can breaking below 0.047 really stop the loss? The borrowing rate is so high that it can't be reflected properly --- Is big capital fueling the surge? I see a row of dominoes lining up --- Don't be fooled by the oscillation range, this is just a trap for accumulation, risk control thresholds have long been exceeded --- When systemic risk truly arrives, what stage of profit-taking is there to discuss? Just sell everything quickly

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OnchainFortuneTeller

· 01-10 04:25

Doubling in 7 days, this rhythm is indeed amazing. Just wait for the pullback and then go back up.

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CoinBasedThinking

· 01-09 11:56

The 7-day 111% increase can't be sustained anymore. I always feel like this move is just a trap to lure more buyers...

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ChainMemeDealer

· 01-09 11:55

Break new highs and go straight for it, what are you waiting for?

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LiquidityWitch

· 01-09 11:53

the accumulation phase was just the cauldron brewing... now we're watching the transmutation unfold. those dark pools definitely had their hands in this one, ngl. the real alchemy happens when the weak hands shake out, not when everyone's fomoing at $0.052770. patience is the forbidden strat nobody talks about tbh.

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Degen4Breakfast

· 01-09 11:49

Another new high, is this time really different? --- A 111% increase sounds great, but now entering the market makes you the bagholder. --- Wait for the pullback to 0.048, I don't believe this straightforward market. --- The trading volume has indeed surged, but large funds entering means someone is about to sell. --- Setting the stop-loss at 0.047 is too loose, what does that imply? --- The bulls stubbornly hold on, the bears wait to cut, and others suffer heavy losses—this game hasn't changed. --- Every time they say to be patient and wait for a pullback, it just shoots up, such is human nature. --- After the new high, the retracement to 0.050889—is it a trap to lure the shorts or a real reversal? Who dares to say for sure? --- A trading volume of 45.33 million USD—does that mean big funds? I think it's retail traders stabbing each other. --- If this wave drops below 0.047, all those previous supports are just nonsense.

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StableCoinKaren

· 01-09 11:30

Another trap to harvest the little guys, just wait and see.

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