【$IRYS Signal】Pullback to go long / 1H level accumulation breakout

$IRYS The 1H level repeatedly tests near the middle band of the Bollinger, with EMA20 and EMA50 forming a golden cross for support. The 4H MACD histogram remains expanding, but the 1H MACD lines are converging, indicating temporary momentum consolidation. Market depth shows sell pressure exceeds buy pressure by 40%, but price has not dropped significantly, suggesting clear capital support intentions.

🎯Direction: Pullback to go long

⚡Entry/Order: Batch entries in the 0.02735 - 0.03050 range

🛑Stop loss: 0.02458

🚀Target 1: 0.03291

🚀Target 2: 0.03569

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

The 4H Bollinger bands are opening upward, with price stabilizing above the middle band. Volume on the 1H level diminishes during the pullback, quickly digesting selling pressure. Negative funding rates provide potential short squeeze fuel, but confirmation of a bullish reversal requires price to regain above the 1H EMA20. Current risk-reward ratio is acceptable; patience is key for entry timing.

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