SIREN Capitulates — Reversal Loading?
🟢 $SIREN - LONG
Trade Plan:
Current Price: ~$0.0360
Entry Zone: $0.0345 - $0.0375
SL: $0.0320
TP1: $0.0420
TP2: $0.0490
TP3: $0.0580
The chart captures extreme capitulation after the sharp drop to multi-week lows. Price has formed a hammer candle with strong volume absorption right inside the green Entry Zone. This liquidity grab below $0.035 flushed remaining weak hands and created a high-probability absorption zone. The glowing green upward arrow emphasizes the momentum reversal, while the shaded Entry Zone sits directly over the high-volume demand node. Short-term oversold conditions and bullish RSI divergence suggest a sharp relief bounce is underway. This high-conviction LONG targets trapped shorts from the recent heavy selling.
Are you buying the SIREN capitulation at $0.036 or waiting for confirmation?
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DYOR & manage risk!