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【$IRYS Signal】Pullback to go long, 1H level charging up for launch
$IRYS The 1H level is consolidating sideways around 0.0315, with the 4H Bollinger middle band at 0.0291 forming strong support, buying depth is unbalanced at -14.06% but the price has not fallen sharply, indicating clear intent of funds to support.
🎯Direction: Pullback to buy
⚡Entry/Order: Buy in batches within the 0.02956 - 0.03132 range
🛑Stop loss: 0.02816
🚀Target 1: 0.03236
🚀Target 2: 0.03376
🛡️Trade management:
- Execution strategy: Half position at Target 1, move stop loss to cost. Exit when price pulls back to entry zone, do not hold through.
1H MACD fast and slow lines are converging, potentially crossing upward at any time. The 4H MACD histogram is shrinking, but overall still above zero, the trend is not bad. The risk-reward ratio at this position is good, the downside space is limited, and the previous high near 0.036 is a potential resistance zone, but band profits are promising.
Check real-time market 👇 $IRYS
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