【$IRYS Signal】Rebound to go long / Breakout at 1H level with accumulation

$IRYS The 1H level price is closely hugging the upper Bollinger band, and after the 4H MACD golden cross, the histogram has contracted but remains above the zero line, indicating that bullish momentum has not exhausted. The order book depth is unbalanced at -14.38%, with relatively thin sell orders, and the capital support is obvious.

🎯Direction: Pullback to go long

⚡Entry/Order placement: Batching in the range of 0.03116 - 0.03519

🛑Stop loss: 0.02895

🚀Target 1: 0.03558

🚀Target 2: 0.03779

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, exit automatically to protect the principal.

Currently, the 1H RSI is around 65, not overbought, leaving room for a second upward push. The 4H level has already stabilized above EMA20 and EMA50, with a solid structure. Position volume is stable, and the funding rate of 0.005% is still within a reasonable range, with no extreme short squeeze risk. A rebound at this position offers a very favorable risk-reward ratio.

Check real-time market 👇 $IRYS
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