$SIREN reacted well after taking liquidity.
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $0.02585–$0.02604 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.02694.
Would you trade this short setup now, or wait for a cleaner reaction?
#SIREN #Trading
Trade plan: SHORT
Entry: $0.02585 - $0.02604
SL: $0.02694
TP1: $0.02297
TP2: $0.02132
TP3: $0.02083
The 1h/4h context still favors sellers, and volume is backing the move.
I would rather see price reject around $0.02585–$0.02604 than short after the move is already stretched. The setup is invalid if price cleanly crosses $0.02694.
Would you trade this short setup now, or wait for a cleaner reaction?
#SIREN #Trading
Trade plan: SHORT
Entry: $0.02585 - $0.02604
SL: $0.02694
TP1: $0.02297
TP2: $0.02132
TP3: $0.02083