$SIREN is down from $4.8 to $1.60 😱
Price is now testing exactly at the 50% Fibonacci retracement level ( $ 3.20) now!
Uptrend still intact on H1, but this is a decision zone.
Two scenarios:
🟩 Accumulation phase before the next explosive leg up
🟥 Rejection at $3.20; bear trap, sharp flush incoming
Watch the H1/H4 candle close. Above or below $3.20 tells you everything.
Yesterday this asset was printing 40-50% swings every 10 minutes. - Cautious with manipulation!
This is not a low-leverage playground.
Size accordingly. 🚨
I'm personnally shorting this area.
What's your take? 👀