Everyone’s staring at the 4H bounce, but the bearish 1D is the only chart that matters here.
$SIREN /USDT - 🟢 SHORT · Conf 80%
Trade Plan:
Entry: 0.0290538 – 0.0291862
SL: 0.0303862
TP1: 0.0281703
TP2: 0.0275372
TP3: 0.0265876
Why this setup?
- The daily trend is firmly bearish, and this 4H setup is simply a lower-high attempt waiting to be rejected.
- RSI on the 15m sits at 49, showing zero bullish momentum to push through the resistance zone.
- Entry at 0.0291200 targets a swift drop to TP1 at 0.0281703, with the real meat at TP2 (0.0275372).
- Why now? The price is stalling at a logical supply area while the broader market structure screams short. This is a trend-following play, not a guess.
- The invalidation is clean at 0.0302030, so the risk is defined for those who respect the stop.
Debate:
Will the bears defend 0.0291 or does the dead-cat bounce have one more leg to confuse the crowd?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
$SIREN /USDT - 🟢 SHORT · Conf 80%
Trade Plan:
Entry: 0.0290538 – 0.0291862
SL: 0.0303862
TP1: 0.0281703
TP2: 0.0275372
TP3: 0.0265876
Why this setup?
- The daily trend is firmly bearish, and this 4H setup is simply a lower-high attempt waiting to be rejected.
- RSI on the 15m sits at 49, showing zero bullish momentum to push through the resistance zone.
- Entry at 0.0291200 targets a swift drop to TP1 at 0.0281703, with the real meat at TP2 (0.0275372).
- Why now? The price is stalling at a logical supply area while the broader market structure screams short. This is a trend-following play, not a guess.
- The invalidation is clean at 0.0302030, so the risk is defined for those who respect the stop.
Debate:
Will the bears defend 0.0291 or does the dead-cat bounce have one more leg to confuse the crowd?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
