【$IRYS Signal】Negative funding rate short squeeze + 4H Bollinger Band breakout and pullback

$IRYS Funding rate -0.9196%, bears crowded but price remains firm, 4H MACD bullish divergence, Bollinger Band upper band at 0.0686 has been broken through, deep imbalance -12.91% indicates initial selling pressure at high levels.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 0.05541
🛑Stop loss: 0.04836
🚀Target 1: 0.07041
🚀Target 2: 0.07069
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Depth logic: Currently, 0.07047 has crossed the Bollinger Band upper band, and buy depth has turned negative, indicating a short-term technical pullback is needed. Extremely low funding rate suggests excessive short crowding; once price pulls back to around EMA20 (0.0553) for support, short squeeze momentum will quickly release. From this position, the risk-reward ratio for long is nearly 12:1, making it a worthwhile gamble.
Check real-time market 👇 $IRYS
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