【$IRYS Signal】Pullback to go long, 1H level funds clearly support the bottom

$IRYS 1H level rebounds sharply but pulls back, yet the 4H MACD histogram remains expanding, indicating bullish momentum has not exhausted.
Order book depth is unbalanced at -2.94%, with sell orders slightly dominant, but the 0.0291 EMA50 forms the first line of defense.

If the price can pull back to the 0.0292-0.0309 range, it is an ideal entry point.

⚡Entry: Buy in stages within the 0.0292-0.0309 range.

🛑Stop loss: 0.0280, a break below would mean short-term structure is broken.

🚀Target 1: 0.0316, the previous hourly level support.

🚀Target 2: 0.0328, close to the 1H Bollinger upper band.

🛡️Trade management: - Execute strategy: Half position at Target 1, remaining stop loss moved up to entry price.
If the price cannot stabilize above the entry zone’s upper boundary, actively exit.

Although the 1H MACD fast and slow lines are narrowing, they are still above the zero line, indicating a consolidation in an upward trend.
Buy orders at the 0.028-0.029 zone on the 4H level are clearly accumulated, with a funding rate of 0.0118% showing mild bullish sentiment, not yet in a frenzy stage.
This secondary rally after consolidation offers a relatively clear risk-reward ratio.

View real-time quotes 👇 $IRYS
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