We just witnessed a 70% flash crash that sent $SIREN from the mid-$2.00s down to a local bottom of $0.79 before bouncing to the current level of ~$1.08. If you were looking for the "blood in the streets" moment, this is it.
Trade Setup:
Risk Level: Maximum. This is now a "distressed asset" play until the team addresses the wallet concentration claims.
Entry Range $0.95 – $1.10
High-risk scalp entry. You are betting on a "Dead Cat Bounce" or a team buyback to stabilize the price.
Stop Loss $0.74
If the $0.79 wick is broken, there is no floor. Close the trade and walk away.
Target 1 $1.45
First major resistance. This would be a 35-40% gain from here. Take 50% off.
Target 2 $1.83
The 0.382 Fibonacci retracement level. Expect heavy selling here.
Target 3 $2.40
The "Gap Fill." This only happens if the team proves the Bubblemaps report was wrong or locked tokens are verified.
$SIREN
#siren
Trade Setup:
Risk Level: Maximum. This is now a "distressed asset" play until the team addresses the wallet concentration claims.
Entry Range $0.95 – $1.10
High-risk scalp entry. You are betting on a "Dead Cat Bounce" or a team buyback to stabilize the price.
Stop Loss $0.74
If the $0.79 wick is broken, there is no floor. Close the trade and walk away.
Target 1 $1.45
First major resistance. This would be a 35-40% gain from here. Take 50% off.
Target 2 $1.83
The 0.382 Fibonacci retracement level. Expect heavy selling here.
Target 3 $2.40
The "Gap Fill." This only happens if the team proves the Bubblemaps report was wrong or locked tokens are verified.
$SIREN
#siren