SIREN is setting up for a short right now, with a pretty clear break of market structure. Confidence is sitting at 64% on this one.
đ´ $SIREN SHORT đ â Trade Plan
⢠Entry: $0.028991 â $0.029049
⢠Stop: $0.029891 (-3.0%)
⢠Target 1: $0.028585 (+1.5%)
⢠Target 2: $0.027569 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
We've got a bunch of signals firing off here, including a CHoCH break, CVD confirming direction, and a nice FVG gap - all of which are clustering around an OB and liquidity sweep. The POI confluence with OB and FVG overlap really makes this setup compelling, and the overall structure looks ripe for a drop.
A 3.0% stop loss feels about right for this trade, and I'd say 2-3x leverage is the sweet spot to maximize returns without overexposing ourselves.
I'm thinking we can look to take some profit off the table at TP1, just to lock in some gains and reduce our risk a bit before seeing how the rest of the trade plays out.
DYOR â this isn't financial advice, size your risk accordingly đ
$SIREN #SIRENUSDT #crypto #TradingSignals #Write2Earn
đ´ $SIREN SHORT đ â Trade Plan
⢠Entry: $0.028991 â $0.029049
⢠Stop: $0.029891 (-3.0%)
⢠Target 1: $0.028585 (+1.5%)
⢠Target 2: $0.027569 (+5.0%)
⢠R/R 1:1.7 | Confidence 64%
We've got a bunch of signals firing off here, including a CHoCH break, CVD confirming direction, and a nice FVG gap - all of which are clustering around an OB and liquidity sweep. The POI confluence with OB and FVG overlap really makes this setup compelling, and the overall structure looks ripe for a drop.
A 3.0% stop loss feels about right for this trade, and I'd say 2-3x leverage is the sweet spot to maximize returns without overexposing ourselves.
I'm thinking we can look to take some profit off the table at TP1, just to lock in some gains and reduce our risk a bit before seeing how the rest of the trade plays out.
DYOR â this isn't financial advice, size your risk accordingly đ
$SIREN #SIRENUSDT #crypto #TradingSignals #Write2Earn