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【$IRYS Signal】Pullback to go long, 1H level charging up and ready to launch
$IRYS 1H level: after a sharp rise, a pullback occurs. The current price 0.03436 is right at the dual support area of the 4-hour Bollinger middle band and the 1-hour EMA20. The buy order depth imbalance is -61.8%, but the price hasn’t dropped deeply, and the selling pressure is absorbed quickly. The 1-hour MACD histogram bars are contracting—bullish momentum is temporarily taking a breather—while the 4-hour MACD golden cross gap is still widening, so the trend remains unchanged.
If the price is slightly below 0.03415, this is a direct long setup—enter at the current price.
Place the defense stop below 0.02866; if it breaks, exit immediately.
First target: 0.03445. After the breakout, look toward 0.03458.
After reaching the first target, cut the position size in half, and move the remaining stop-loss up to the break-even cost. If the price falls back into the entry zone, leave unconditionally.
The order book has sparse sell orders; there are extremely thick orders around 0.0305 below, and the intent to support funds is clear. When the price pulls back, the 1-hour level trading volume shrinks, which is a healthy correction. The current risk-reward ratio is appropriate. The key is whether this short-term support platform can be held—if it holds, there’s a chance to test the previous high again.
Check the real-time market 👇 $IRYS
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