$SIREN – Relief Bounce Inside Bearish Structure ⚠️
After sharp dump to 0.2900, price formed short-term higher lows — relief bounce in play. Still trading below EMA 99 with overall lower-high sequence intact. Current move looks like pullback toward resistance, not full trend reversal yet.
Scalping Trade Plan...
Short Setup (Pullback Rejection):
Entry: 0.3320 – 0.3400
Stop Loss: 0.3520
TP1: 0.3100
TP2: 0.2980
TP3: 0.2850
Bullish Invalidation / Flip Long If:
Clean breakout & hold above 0.3520
Long Target (If Flip Happens):
0.3700 – 0.3900
Right now this is a bounce inside a broader downtrend.
Trade resistance. Protect capital. 💰📉