【$IR Signal】Long and short battle, dual-sided order placement for sniping!

$IR 1H timeframe is highly volatile around EMA20 (0.0751), with fierce competition between bulls and bears. The 4H EMA20 (0.0709) provides strong support, but the current price is in the lower part of a short-term consolidation zone (0.074-0.078). Open interest remains stable, and the funding rate is neutral, but the order book shows slight selling pressure (depth imbalance -1.37%), indicating obvious resistance above. This is not a one-sided trend but a typical oscillation battle. We adopt a dual-sided order placement strategy to catch any breakout from either side.

🎯 Direction: Wait and see (dual-sided orders)

⚡ Breakout long order: 0.0765 (Reason: Hold above 1H EMA20 and break through the recent consolidation upper boundary)

🛑 Stop loss: 0.0740 (Reason: Break below the recent consolidation low and dense trading zone)

🚀 Target 1: 0.0795 (Reason: Previous high resistance level)

🚀 Target 2: 0.0820 (Reason: 4H previous high and potential Fibonacci extension level)

⚡ Pullback long order: 0.0720 (Reason: Rebound off 4H EMA20 strong support and previous breakout platform)

🛑 Stop loss: 0.0695 (Reason: Break below 4H key support, trend may weaken)

🚀 Target 1: 0.0760 (Reason: Upper boundary of oscillation zone)

🚀 Target 2: 0.0795 (Reason: Previous high resistance)

🛡️ Trading management:

- Position suggestion: Light position. After any trigger in either direction, only use 50% of planned position to enter.

- Execution strategy: When the price reaches Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2. If the price quickly reverses and breaks below the entry price after triggering, exit immediately.

Order book logic: Current market logic indicates “price rising, please consider position size,” but open interest trend is stable, suggesting it’s not purely a short squeeze but more like bulls and bears main forces confronting at key levels. The 1H RSI (50.65) is neutral, and the direction is about to be decided. We abandon subjective predictions and let the market choose the direction; we only follow. The sell wall above is thick around 0.0746-0.0747, requiring volume to break through. There is accumulation of buy orders near 0.0743, but support strength remains to be tested.

Trade here 👇 $IR

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