【$IRYS Signal】Pullback to go long, 1H level charging up for launch

$IRYS 1H level surge and pullback, price consolidating around 0.0343. The upper band of the 4H Bollinger Bands at 0.0353 forms short-term resistance, but the MACD histogram is still expanding, indicating bullish momentum has not fully exhausted. The 1-hour EMA20 (0.0325) and EMA50 (0.0306) form a support zone after a golden cross, with buy orders unusually concentrated around 0.0306, revealing capital support intentions. Currently, market depth is unbalanced at -61.8%, with sparse sell orders, so slight buying can push the price higher.

Price can directly enter on a pullback between 0.03056 and 0.03415.

Set stop-loss below 0.02866.

First target at 0.03445, and after breaking through, look at 0.03458.

After reaching the first target, halve the position, and move the remaining stop-loss to the entry price. If the price falls back into the entry zone, exit unconditionally.

Although the 1-hour MACD fast and slow lines are narrowing, the 4-hour timeframe remains in a strong zone. Position volume is stable, funding rate at 0.5% is not extreme, and short squeeze risk is limited. Under this structure, a pullback to the dense moving average area offers a better risk-reward ratio than chasing highs.

Check real-time market 👇 $IRYS
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