【$IR Signal】Pullback to go long / Short squeeze game

$IR 4H level RSI surges to 75.65, price pushes above the upper Bollinger Band, initial signs of buy-side order gaps. But market depth shows thick orders below 0.0493, fully exposing the capital support intent. Although there is no data on the 1H level, the 4H MACD histogram is still expanding, indicating bullish momentum has not fully exhausted.

Currently, chasing the high directly carries high risk, and the risk-reward ratio is not favorable. A more prudent strategy is to wait for a healthy pullback.

🎯Direction: Pullback to go long

⚡Entry/Order: 0.04198 - 0.04929, staggered entries within the range

🛑Stop loss: 0.03950

🚀Target 1: 0.04950

🚀Target 2: 0.04970

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Funding rate at 0.005% remains low, with no extreme short squeeze risk. Combined with the 4H buy-side depth imbalance at 9.74%, large orders provide clear support, offering a buffer for price pullback. The real test is whether these buy orders can effectively absorb the pullback. If the pullback does not break below the EMA20 support at 0.0419 and volume diminishes, it will be an ideal opportunity for bulls to re-engage.

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