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【$IRYS】Long, 4H Breakout Above Bollinger Upper Band/Volume and Price Rise Together/Depth Imbalance
$IRYS On the 4-hour level, price has broken above the Bollinger upper band, while trading volume and open interest expand simultaneously. This is a real money-driven breakout. Buy depth is severely imbalanced, with sell orders piling up above 0.0212, yet price continues to be pushed higher with clear bullish attacking intentions. Although RSI is at elevated levels, the funding rate is only 0.005%, indicating the market is not overheated, and there remains potential for a short squeeze.
🎯Direction: Long⚡Entry: 0.0209 - 0.0210🛑Stop Loss: 0.0187🚀Targets: 0.0227 / 0.0243🛡Strategy: Take profits in batches. At the first target, reduce position by half; keep the remaining position and stop out at breakeven, then pursue higher levels.
View real-time market 👇 $IRYS
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