my stop loss is 0.35 it's safe?
Post
James_BNB
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Bearish$SIREN Price presses back into an overhead band after a sharp give-back. No follow-through yet.
Trading Plan (Short)
Entry: $0.309 – $0.318
SL: $0.344
TP: $0.265 - $0.245
Leaning into a capped area where earlier pops stalled and bled out. The last push up came with long upper tails and very little travel, then rolled back into overlap. Bounces are getting shorter, each attempt tagged and pushed back, volume showing but not carrying. I’m in, not heavy, watching how price behaves inside this band. If price sits cleanly above the cap and starts holding ground without immediate fade, I’m out.
Short $SIREN 👇
Trading Plan (Short)
Entry: $0.309 – $0.318
SL: $0.344
TP: $0.265 - $0.245
Leaning into a capped area where earlier pops stalled and bled out. The last push up came with long upper tails and very little travel, then rolled back into overlap. Bounces are getting shorter, each attempt tagged and pushed back, volume showing but not carrying. I’m in, not heavy, watching how price behaves inside this band. If price sits cleanly above the cap and starts holding ground without immediate fade, I’m out.
Short $SIREN 👇
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