$IRYS Signal: Waiting for a callback to add more; 1H momentum continuation still needs confirmation

$IRYS RSI 4H surged to 71.96, and buy pressure has been continuously pushing prices higher. The 1H MACD histogram has narrowed, and the funding rate is 0.032%, which is relatively high—chasing gains in the short term has a very poor risk-reward. From a risk-reward perspective, entering directly at the current price carries far more risk than the potential upside.
🎯 Direction: Long (place pending orders on a pullback)
⚡ Entry/Order: 0.03880 (near the 1H EMA20)
🛑 Stop loss: 0.03492
🚀 Target 1: 0.04169
🚀 Target 2: 0.04186
🛡️ Trade management: - Execute strategy: after reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, exit automatically to protect principal.
Depth logic: The 4H Bollinger Band upper band is opening, but the 1H volume is contracting—there is a need for a short-term correction. Support is dense around 0.0388 (EMA20 + the prior trading zone). Set pending orders to wait for a natural pullback to release the overheated sentiment.
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