🚨 Guys, don’t get trapped buying $SIREN after this huge recovery!
After pumping from around $0.0203, $SIREN is now approaching a major resistance zone where buyers could start losing strength.
I’m watching for a possible BIG SHORT if price gets rejected here.
📍 Next Price: $0.039
🔴 Resistance: $0.039–$0.041
🟢 First Support: $0.030–$0.031
🎯 Correction Target: $0.025–$0.027
Here’s why I’m cautious 👇🏻
$SIREN has already made a massive move upward, and now price is approaching resistance where profit-taking could increase.
Late buyers may still be entering, expecting the pump to continue, but if price struggles to break above $0.039–$0.041, those buyers could get trapped.
At the same time, there’s room for price to pull back toward the lower support zones.
For me, the setup is simple:
Huge pump, major resistance, late buyers at risk, correction below. 🔻
But if #Siren gets a clean daily breakout above $0.041, the bearish idea weakens. I want to see rejection and weakening momentum before considering a short.
After pumping from around $0.0203, $SIREN is now approaching a major resistance zone where buyers could start losing strength.
I’m watching for a possible BIG SHORT if price gets rejected here.
📍 Next Price: $0.039
🔴 Resistance: $0.039–$0.041
🟢 First Support: $0.030–$0.031
🎯 Correction Target: $0.025–$0.027
Here’s why I’m cautious 👇🏻
$SIREN has already made a massive move upward, and now price is approaching resistance where profit-taking could increase.
Late buyers may still be entering, expecting the pump to continue, but if price struggles to break above $0.039–$0.041, those buyers could get trapped.
At the same time, there’s room for price to pull back toward the lower support zones.
For me, the setup is simple:
Huge pump, major resistance, late buyers at risk, correction below. 🔻
But if #Siren gets a clean daily breakout above $0.041, the bearish idea weakens. I want to see rejection and weakening momentum before considering a short.