【$IR Signal】1H Momentum Reversion, Sniping Breakout to Chase Longs
$IR The 1H timeframe is strongly consolidating above the EMA20 (0.0746), just forming a bullish engulfing pattern, and the price has stabilized at the intraday high. Although the 4H timeframe is in a consolidation zone, the 1H momentum has already initiated, supported by buying depth advantage (depth imbalance +6.42%), and short-term prospects look to challenge previous highs.
🎯Direction: Long (Long)
🎯Entry/Order: Enter at current price 0.0778 - 0.0780 (Reason: Stabilizing above 1H EMA20, breaking immediate resistance)
🛑Stop Loss: 0.0757 (Reason: Falling below the previous 1H candle's low and EMA20 support)
🚀Target 2: 0.0810 (Reason: Based on recent volatility with a 1:1.5 risk-reward extension)
🛡Trade Management:
- Position size suggestion: Light position (Reason: Hot Coin is highly volatile, and the 4H trend is not fully resonant)
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price cannot hold above 0.0780 and falls back, consider exiting early.
Depth logic: Currently, the 1H RSI is at 66.85, in a strong zone but not overbought, leaving room for upward movement. The order book shows dense buy orders in the 0.0776-0.0778 range, providing strong support. Although the open interest trend is stable, the price rise accompanied by buy depth advantage suggests active support or pushing by main funds, rather than purely short covering. Combined with positive funding rates, the risk of a short squeeze is low, favoring a bullish environment.
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【$IR Signal】1H Momentum Reversion, Sniping Breakout to Chase Longs
$IR The 1H timeframe is strongly consolidating above the EMA20 (0.0746), just forming a bullish engulfing pattern, and the price has stabilized at the intraday high. Although the 4H timeframe is in a consolidation zone, the 1H momentum has already initiated, supported by buying depth advantage (depth imbalance +6.42%), and short-term prospects look to challenge previous highs.
🎯Direction: Long (Long)
🎯Entry/Order: Enter at current price 0.0778 - 0.0780 (Reason: Stabilizing above 1H EMA20, breaking immediate resistance)
🛑Stop Loss: 0.0757 (Reason: Falling below the previous 1H candle's low and EMA20 support)
🚀Target 1: 0.0792 (Reason: Previous high resistance, i.e., 16:00 candle high)
🚀Target 2: 0.0810 (Reason: Based on recent volatility with a 1:1.5 risk-reward extension)
🛡Trade Management:
- Position size suggestion: Light position (Reason: Hot Coin is highly volatile, and the 4H trend is not fully resonant)
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price cannot hold above 0.0780 and falls back, consider exiting early.
Depth logic: Currently, the 1H RSI is at 66.85, in a strong zone but not overbought, leaving room for upward movement. The order book shows dense buy orders in the 0.0776-0.0778 range, providing strong support. Although the open interest trend is stable, the price rise accompanied by buy depth advantage suggests active support or pushing by main funds, rather than purely short covering. Combined with positive funding rates, the risk of a short squeeze is low, favoring a bullish environment.
Trade here 👇 $IR
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