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【$IRYS Signal】Wait for more buy opportunities after a pullback
$IRYS 4H RSI reaches 72.68, Bollinger Band upper band at 0.0511 creates resistance, 1H buying ratio sharply drops to 0.47, indicating a clear sign of bulls actively exiting.
🎯Direction: Place buy orders
⚡Entry/Order: 0.04218
🛑Stop loss: 0.03890
🚀Target 1: 0.04874
🚀Target 2: 0.05202
🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
From the current volume-price structure, the willingness of funds to support is weak, but the 4H trend has not reversed yet. Waiting for a deep correction in the order book can yield a more favorable risk-reward ratio.
Check real-time market 👇 $IRYS
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