$SIREN 👈 Real chart is here, ignore the bottom tag, it is a different chart
Short 📉
📍 Entry 0.02991
🛑 Stop 0.03188
🎯 Target 0.02596
SIREN pumped 59% from 0.02033 in 6 hours, and the move started to run out of steam. Retrace of 42%, then price went back up for the old high. The inducement at 0.02596 is still untouched. The new high at 0.03228 got rejected and price is back near 0.02997 without going anywhere close to 0.02596. The inducement at 0.02596 is the target and the stop is 6.59% away at 0.03188.
Short 📉
📍 Entry 0.02991
🛑 Stop 0.03188
🎯 Target 0.02596
SIREN pumped 59% from 0.02033 in 6 hours, and the move started to run out of steam. Retrace of 42%, then price went back up for the old high. The inducement at 0.02596 is still untouched. The new high at 0.03228 got rejected and price is back near 0.02997 without going anywhere close to 0.02596. The inducement at 0.02596 is the target and the stop is 6.59% away at 0.03188.