【$IR Signal】Long | Breakout retest confirmation, short squeeze structure intact

$IR After a 14% violent surge, it is now undergoing healthy cooling above the key breakout level. A massive bullish candle on the 4H chart (volume increased sixfold) confirms main force entry, and the current volume reduction retest is a typical bullish accumulation structure.

🎯 Direction: Long

🎯 Entry: 0.0729 - 0.0735

🛑 Stop Loss: 0.0710 ( Break below the previous 4H K-line low and EMA20 support, logic invalidated )

🚀 Target 1: 0.0775 ( Previous high resistance )

🚀 Target 2: 0.0810 ( Fibonacci 1.618 extension level )

Market Analysis: Price has strongly risen above EMA20 (0.0660) and EMA50 (0.0634), shifting the trend structure to bullish. The key point is that although RSI is high at 70.85, the funding rate is only 0.005% (not overheated), and open interest remains stable. This rules out the possibility of main force pushing up to dump, aligning more with short squeeze initiation characteristics.

Hardcore logic: Deep imbalance data shows selling pressure concentrated above 0.0735 (Ask stacking), while buy orders (Bids) in the 0.0729-0.0730 range are unusually thick, forming institutional support walls. After breaking through the previous dense trading zone at 0.0678, this area has become a strong support.

Currently, volume has decreased during the retest to the upper support zone, and the bid/ask ratio (0.52) indicates strong absorption, presenting a low-risk, high-reward opportunity for long entries. Stop loss is set at 0.0710, with a risk-reward ratio >2.0.

Trade here 👇 $IR

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