🔥 $SIREN — SHORT SETUP OR BOUNCE? 👀
I’m watching $SIREN closely here. The 1H chart is showing weakness, and I’m not rushing into a long just yet.
📍 Entry: 0.0230–0.0232 (only after bearish confirmation)
🛡️ SL / Invalidation: Above 0.02395
🎯 TP1: 0.02256
🎯 TP2: 0.02210
🎯 TP3: 0.02050
📊 Setup:
Price is trading below MA(7) at 0.02326 and MA(25) at 0.02351, while MA(99) at 0.02653 shows the bigger trend is still weak.
I want to see sellers push price below 0.02256 before considering further downside. A reclaim of 0.02351 would make me morecautious about the short.
⚠️ Risk: A strong move above 0.02395 could weaken this setup. I’d wait for confirmation rather than chase the candles.
💬 What do you think, traders — will $SIREN break 0.02256 or surprise us with a bounce? 👇
#SIREN #CryptoTrading #BinanceSquare #TechnicalAnalysis #Write2Earn
I’m watching $SIREN closely here. The 1H chart is showing weakness, and I’m not rushing into a long just yet.
📍 Entry: 0.0230–0.0232 (only after bearish confirmation)
🛡️ SL / Invalidation: Above 0.02395
🎯 TP1: 0.02256
🎯 TP2: 0.02210
🎯 TP3: 0.02050
📊 Setup:
Price is trading below MA(7) at 0.02326 and MA(25) at 0.02351, while MA(99) at 0.02653 shows the bigger trend is still weak.
I want to see sellers push price below 0.02256 before considering further downside. A reclaim of 0.02351 would make me morecautious about the short.
⚠️ Risk: A strong move above 0.02395 could weaken this setup. I’d wait for confirmation rather than chase the candles.
💬 What do you think, traders — will $SIREN break 0.02256 or surprise us with a bounce? 👇
#SIREN #CryptoTrading #BinanceSquare #TechnicalAnalysis #Write2Earn