$SIREN Strong Rejection Under Major Resistance

Trade Setup

Entry Zone: 2.10 – 2.20

Stop Loss: 2.95

Targets: 1.90 / 1.70 / 1.50

SIREN faced a strong rejection near the 2.90 level, which is acting as a clear resistance zone. After a sharp upward move, the price failed to hold near the top and started moving down, showing that sellers are active at higher levels.

The current structure shows weakness as price is staying below resistance and forming lower highs in the short term. This indicates that the upward momentum is slowing down and a correction phase may continue.

If the price remains below 2.90, more downside can be expected. Traders can look for short opportunities while keeping risk managed. Always secure profits step by step as price moves toward targets.

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