Iris Gold Whale Sells 544 at 0.84 — Short-Term Bearish
I noticed a large whale sale of 544 Iris Gold executed at the last price of 0.84.
This size of sell is likely to add short-term downward pressure; I recommend checking volume and orderbook depth to see if this is isolated or part of broader distribution.
I will be cautious and prefer to wait for confirmation of buying interest or reduce exposure rather than initiate new longs immediately.
Analysis
Recommendation
Be cautious: consider reducing exposure or waiting for clear buying support before adding new positions. If already long, set risk limits and watch for follow-through selling.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.