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【$IRYS Signal】Multiple Head Sniper: 1H volume breakout + signs of capital support
$IRYS Currently 0.06189, up 28.8%, with over 85M in trading volume smashed out. Depth data is neutral but price is firm, with the order zone 0.06158-0.06220 absorbing most of the selling pressure. Funding rate has not been updated, open interest is stable, and local buy orders are still stacking.
🎯Direction: Long
⚡Entry/Order: 0.06158-0.06220
🛑Stop Loss: 0.06109
🚀Target 1: 0.06443
🚀Target 2: 0.06554
🛡️Trade Management: - Execute strategy: Reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
The stop loss at 0.06109 is less than 1% from entry, but the risk-reward ratio is 2.0, making this asymmetric setup worth trying. If trading volume continues to stay above average in the subsequent 1H candles, the probability of breaking through 0.06220 is higher.
Check real-time market 👇 $IRYS
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