$SIREN 4H Chart #analysis
Many traders are calling for a SIREN short, but the current 4H chart doesn't fully support that idea yet.
๐ข Bullish Signals:
Price is trading above the 9, 20 & 50 EMA.
Bullish EMA alignment (9 > 20 > 50).
MACD remains positive.
RSI around 64 strong momentum without being overbought.
Warning: Strong resistance lies around 0.0330โ0.0342. โข Rejection wicks suggest sellers are active in this zone.
My View
I would NOT short SIREN at the current level. coz I'm already long on this
The chart still favors the bulls unless we see a confirmed bearish breakdown.
What I'm Watching
Bullish: A strong breakout above 0.0342 with volume could continue the uptrend.
Bearish: A 4H candle closing below 0.0310 with increasing selling pressure would strengthen the short setup.
Current Bias: ๐ข Bullish (75%) | ๐ด Bearish (25%)
Final Verdict: Hold Long. Wait for confirmation before considering any short position.
Always manage risk and never trade solely based on social media opinions. Do your own research (DYOR).
$ERA $LA #long $Zec #SHORT๐
Many traders are calling for a SIREN short, but the current 4H chart doesn't fully support that idea yet.
๐ข Bullish Signals:
Price is trading above the 9, 20 & 50 EMA.
Bullish EMA alignment (9 > 20 > 50).
MACD remains positive.
RSI around 64 strong momentum without being overbought.
Warning: Strong resistance lies around 0.0330โ0.0342. โข Rejection wicks suggest sellers are active in this zone.
My View
I would NOT short SIREN at the current level. coz I'm already long on this
The chart still favors the bulls unless we see a confirmed bearish breakdown.
What I'm Watching
Bullish: A strong breakout above 0.0342 with volume could continue the uptrend.
Bearish: A 4H candle closing below 0.0310 with increasing selling pressure would strengthen the short setup.
Current Bias: ๐ข Bullish (75%) | ๐ด Bearish (25%)
Final Verdict: Hold Long. Wait for confirmation before considering any short position.
Always manage risk and never trade solely based on social media opinions. Do your own research (DYOR).
$ERA $LA #long $Zec #SHORT๐