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【$IRYS Signal】Go long, wait for a pullback to add
$IRYS 1H MACD death cross has formed, price broke below EMA20 (0.0487), selling pressure slightly higher at -5.97%.
4H bullish momentum continues to shrink, Bollinger upper band at 0.0527 acts as resistance.
Currently at 0.04835, near the upper end of the suggested zone, risk-reward ratio is poor, wait for a pullback near the lower end of the zone to enter.
🎯Direction: Go long (wait for pullback orders)
⚡Entry: 0.04350 (recommended zone 0.04299-0.04860)
🛑Stop loss: 0.03930
🚀Target 1: 0.05035
🚀Target 2: 0.05404
🛡️Trade management: Reduce position by 50% upon reaching Target 1, move stop loss to break-even.
If the price rebounds and then falls below the entry level again, exit.
Depth logic: 1H RSI 52 neutral, 4H RSI 65.8 not yet overbought, funding rate at 0.0052% normal, OI stable.
Bullish support is being tested, placing orders to avoid chasing high and pulling back.
View real-time market 👇 $IRYS
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#Gate广场五月交易分享 #TROLL两日涨超160% $BTC $ETH $SOL