$SIREN just hit $1.00 after a massive 20x run from $0.05 🚀
The chart is looking parabolic but we are seeing some serious rejection at the $1.060 local top. Here is the move for SIREN right now:
📈 Long Strategy
Wait for a dip. Buying at $1.00 is high-risk FOMO. Look for an entry near the 4H MA25 around $0.85 - $0.90. Set SL below $0.82.
📉 Short Strategy
The risk-to-reward for a Short is getting juicy. If the price fails to break back above $1.020 and closes below $0.980, it is a signal to Short. Targets: $0.85 and $0.70. SL at $1.075.
Current Status:
Price is overextended from the MA99 support ($0.60). Whether we moon to $1.50 or crash to $0.70 depends on holding this $1.00 level.
Manage your risk and watch the 4H candle close carefully 🛡️
Are you Long or Short on SIREN? Let me know below! 👇
#SIREN #CryptoTrading #TechnicalAnalysis #BinanceSquare