【$IRYS Signal】1H Bullish momentum fading, pullback to place buy orders

$IRYS 4H MACD bullish expansion, but 1H MACD histogram contracting, RSI at 63.45 pulling back to the middle. Current price 0.0671, 1H Bollinger Band upper band at 0.0727 with obvious resistance. The last two 1H candles' volume sharply dropped from 720 million to 54 million, buy volume ratio at 0.5, weakening capital momentum. Depth imbalance only 1.47%, order book shows no clear bias.
🎯Direction: Long (buy orders on pullback)
⚡Entry/Order: 0.06685
🛑Stop loss: 0.04816
🚀Target 1: 0.06901
🚀Target 2: 0.07597
🛡️Trade management: - Execute strategy: reduce 50% after reaching Target 1, move stop loss up to 0.06685 to break even. If price falls below 0.0654 (recent 1H low), consider manual exit to avoid larger drawdown.
The 4H Bollinger Band middle line at 0.0555 provides long-term support, but current price is far from it. Be aware of large stop loss range, position size should be strictly controlled.
Check real-time market 👇 $IRYS
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