【$IR Signal】Short squeeze pullback, multiple armies second charge

$IR 1H timeframe consolidation at high levels, 4H Bollinger Bands opening upward and piercing through, price above upper band. MACD bullish crossover, but 1H histogram bars contracting, indicating bullish momentum temporarily pausing. Market buy order depth clearly exceeds sell order depth, capital support intentions exposed.

🎯Direction: Long

⚡Entry/Order: Within the 0.04198 - 0.04938 range, current price at 0.04963 can directly attempt a light long position, or wait for a pullback to around 0.0470 (1H EMA20) to add.

🛑Stop loss: 0.03950

🚀Target 1: 0.04968

🚀Target 2: 0.04988

🛡️Trade management: - Execution strategy: After the price reaches 0.04968, halve the position to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot hold above 0.049 and falls back, consider exiting early.

After a volume-driven long bullish candle on the 4H timeframe, a new trading zone has formed around 0.049. Position volume remains stable, funding rate slightly positive, no signs of extreme greed. The 1H RSI has pulled back from overbought to 63, providing healthy retracement space. The area between 0.0504 and 0.0518 is a dense supply zone from previous highs, indicating selling pressure. First touch requires observing breakout strength. Current risk-reward ratio isn't optimal, but with support from deep order book depth and a pullback, the odds are worth a try.

Check real-time market 👇 $IR
---
Follow me: Get more real-time analysis and insights on crypto markets! $BTC $ETH $SOL
‍#Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨