$SIREN posted a violent dump from 5.10 and every timeframe is locked in full distribution mode
trade plan: short $SIREN
entry: 1.0800 to 1.2200
stop loss: 1.4200
targets
tp1: 0.8800
tp2: 0.7726
tp3: 0.5900
move sl to entry after tp1.
click 👇 and short $SIREN
Daily printed a classic pump and dump from 5.10 with SAR sitting far above at 5.10 and price now slicing below EMA7, confirming the distribution phase is active with no structural support until the 0.09 origin zone. H4 collapsed through all EMAs in a single session and StochRSI is at 2 to 3, deeply washed but in a free fall structure where oversold can stay oversold. H1 shows every EMA stacked above price between 1.23 and 1.85 acting as resistance, with SAR at 2.21 confirming sellers are firmly in control of each bounce attempt. The key risk is the extreme oversold reads on both H4 and H1 which may cause an erratic relief bounce before continuation, so entries should be staged into the 1.08 to 1.22 EMA resistance zone rather than chased.
risk max 1-2%