【$IRYS Signal】Long position, wait for a pullback to add

$IRYS 1H MACD death cross has formed, price broke below EMA20 (0.0487), selling pressure depth ratio slightly higher -5.97%. 4H bullish momentum continues to shrink, Bollinger upper band at 0.0527 acts as resistance. Currently at 0.04835, near the upper end of the suggested zone, risk-reward ratio is poor, wait for a pullback near the lower end of the zone to enter.
🎯Direction: Long (wait for pullback order)
⚡Entry: 0.04350 (recommended zone 0.04299-0.04860)
🛑Stop loss: 0.03930
🚀Target 1: 0.05035
🚀Target 2: 0.05404
🛡️Trade management: reduce position by 50% upon reaching Target 1, move stop loss to break-even. If the price rebounds and then falls below the entry level again, exit.
Depth logic: 1H RSI 52 neutral, 4H RSI 65.8 not yet overbought, funding rate at 0.0052% normal, OI stable. Bullish support is being tested, placing orders to avoid chasing high and retracement.
View real-time market 👇 $IRYS
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