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Looking at IR's recent market movement, it's quite interesting.
In the past 24 hours, it has increased by over 12%, now hovering around 0.08 USDT, which sounds good. But I have to mention the risks—on the 1-hour K-line, the RSI is approaching 65, and more painfully, the trading volume has also significantly shrunk, dropping directly by 92.5%. This typical divergence between volume and price often indicates a false rally, making it easy to lose momentum afterward.
The key point now is this juncture. If IR can generate effective volume and stabilize around 0.082, then further breaking previous highs could turn the short-term outlook into small targets like 0.085 or even 0.088. But the problem is, what if the volume can't pick up at all? If the price can't hold and reverses, even falling below the 0.078 support line, then retesting 0.075 or lower becomes a high-probability event.
Honestly, right now, the risk-to-reward ratio isn't very clear.
So my plan is to **wait and see**—not rushing to act. I'll keep an eye on two signals: either the price stabilizes around 0.075 after a pullback (which would indicate a more solid bottom), or it breaks through 0.082 with volume and stabilizes (confirming that momentum has truly returned). Until clearer signals emerge, managing position size carefully is the priority—absolutely no chasing the rally.
Better to miss a wave of opportunity than to make a wrong decision.