#DONT GO FOR A #SIREN SHORT NOW👇$SIREN
SIRENUSDT
Perp
2.0329
+140.8%
Siren is extremely extended right now after a massive move to ~2.17, and what you’re seeing is the first signs of exhaustion with lower highs forming on the 1m. The key resistance is clearly around 2.12 to 2.18, where price got rejected hard, so that zone is where sellers are active... If price pushes back into that area and shows weak candles or rejection again, that’s the cleaner short opportunity, with risk above 2.18. On the downside, 2.00 is immediate support, and losing that can open a move toward 1.90–1.85....
For longs, this is not the ideal chase zone. The safer long comes only if price stabilizes and holds above 2.00 with strong buyers stepping back in, or after a deeper pullback into 1.90 to 1.95 with confirmation. Right now the market is in a post pump phase where both sides can get trapped, so the edge is in waiting for rejection at resistance for shorts, or clear support holding for longs . not reacting in the middle.