$SIREN looks better for a short setup, but I would not short it directly at the current support area. Price is around 0.02892, sitting below MA7 0.02928 and MA25 0.02912, so the short-term structure is still weak.
Bias: Short on bounce
Entry zone: 0.02910 to 0.02950
Stop: above 0.03020
TP1: 0.02872
TP2: 0.02780 to 0.02700
TP3: 0.02550 to 0.02400 if selling pressure continues
The reason I prefer short is that SIREN has been flat near the lows after a massive breakdown from the previous spike, and price is still failing under the short-term moving averages. The cleaner setup is waiting for a bounce into 0.02910 to 0.02950 and watching for rejection. If SIREN breaks above 0.03020 with volume, I would cancel the short idea because that could signal a small recovery attempt.
Bias: Short on bounce
Entry zone: 0.02910 to 0.02950
Stop: above 0.03020
TP1: 0.02872
TP2: 0.02780 to 0.02700
TP3: 0.02550 to 0.02400 if selling pressure continues
The reason I prefer short is that SIREN has been flat near the lows after a massive breakdown from the previous spike, and price is still failing under the short-term moving averages. The cleaner setup is waiting for a bounce into 0.02910 to 0.02950 and watching for rejection. If SIREN breaks above 0.03020 with volume, I would cancel the short idea because that could signal a small recovery attempt.
