IRIS/BTC
-IRISnet painted its 1st Lowe High which is a sign of weakness
-We can also see a Bearish trendline resistance rejecting the price
-It is likely to retest the support area around 90,000 sat range
-The 200MA dynamic support is approaching the price
-The question now is, can we see another strong bounce reaction at support?
-If not, it will breakdown and test the 200MA at 80,000 sat region
-But my recommendation is to buy the breakout of trendline resistance for safer entry
-IRISnet painted its 1st Lowe High which is a sign of weakness
-We can also see a Bearish trendline resistance rejecting the price
-It is likely to retest the support area around 90,000 sat range
-The 200MA dynamic support is approaching the price
-The question now is, can we see another strong bounce reaction at support?
-If not, it will breakdown and test the 200MA at 80,000 sat region
-But my recommendation is to buy the breakout of trendline resistance for safer entry
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