📢 $SIREN / USDT | 🔴 SHORT | ⭐ 77%

🎯 Goal: $0.02278867. Does it achieve it?

🎯 Trading levels:
🔴 Entry: $0.02326
🛑 Stop Loss: $0.023522
🏁 TP1: $0.022789
🏁 TP2: $0.022527
🏁 TP3: $0.022213

📈 Analysis:
The market structure shows a consolidated bearish trend across multiple timeframes, confirmed by the formation of lower highs and support breakouts. The selling pressure is supported by a significant increase in trading volume, exceeding the usual average. With the bearish momentum reflected in the MACD indicator, sellers maintain control of the current move.

⚖️ Risk/Reward: 1:1.8

⏱️ Timeframe: 15M

💭 A bearish breakout occurs when the price breaks a key support level, indicating a possible continuation of the drop as selling pressure increases.

#crypto #SIREN #trading #Bearish

💡 This analysis is educational and does not constitute financial advice. Do your own research and decide calmly.