$SIREN — Bulls Are Losing Momentum! Is Another Drop Coming? 👀
$SIREN is struggling to maintain its previous upward momentum and is currently trading around $0.02623.
On the 1H chart, sellers are putting pressure on the price. Recent attempts to recover have faced rejection, while lower highs suggest buyers are losing strength.
SHORT SETUP 🔴
Entry Zone: $0.02630 – $0.02660
SL: $0.02710
TP1: $0.02600
TP2: $0.02570
TP3: $0.02530
Important Levels:
Resistance: $0.02660 – $0.02700
Support: $0.02600
Major Support: $0.02550
If $SIREN breaks below $0.02600, further downside could follow. However, a strong reclaim of $0.02660 may weaken the bearish setup.
Will sellers push #SIREN toward $0.02550, or can buyers surprise everyone with a recovery?
Manage your risk carefully, especially with futures leverage.
$SIREN is struggling to maintain its previous upward momentum and is currently trading around $0.02623.
On the 1H chart, sellers are putting pressure on the price. Recent attempts to recover have faced rejection, while lower highs suggest buyers are losing strength.
SHORT SETUP 🔴
Entry Zone: $0.02630 – $0.02660
SL: $0.02710
TP1: $0.02600
TP2: $0.02570
TP3: $0.02530
Important Levels:
Resistance: $0.02660 – $0.02700
Support: $0.02600
Major Support: $0.02550
If $SIREN breaks below $0.02600, further downside could follow. However, a strong reclaim of $0.02660 may weaken the bearish setup.
Will sellers push #SIREN toward $0.02550, or can buyers surprise everyone with a recovery?
Manage your risk carefully, especially with futures leverage.
