$SIREN 5 minutes -8.58%, current price 0.0308. If you’re looking to buy the dip, ask yourself three questions first:
① The 24h low of 0.02933 is still below the current price. Are there any signs of a bottom?
② It’s still up +3.04% over 24h. Is this a normal pullback or a sign of weakness?
③ Have you prepared a stop-loss? What’s your exit plan if you get in at the wrong time?
If you haven’t thought it through, you might as well wait a bit longer.
① The 24h low of 0.02933 is still below the current price. Are there any signs of a bottom?
② It’s still up +3.04% over 24h. Is this a normal pullback or a sign of weakness?
③ Have you prepared a stop-loss? What’s your exit plan if you get in at the wrong time?
If you haven’t thought it through, you might as well wait a bit longer.