$SIREN / USDT - SHORT BIAS

Confidence Level: 85%

Trade Plan:

• Entry Zone: $0.985 – $1.025 (Retest of the breakdown level)

• Stop Loss (SL): $1.150 (Above the recent lower high)

• Take Profit 1 (TP1): $0.850

• Take Profit 2 (TP2): $0.780

• Take Profit 3 (TP3): $0.713 (Final Support Test)

Why this setup?

• Market Structure: After a violent pump to $1.23, SIREN failed to maintain its momentum. The price has aggressively broken below the EMA25 on the 1H chart, turning the previous support into a heavy resistance zone.

• Technical Indicator: RSI(6) shows a massive rejection from the overbought territory. The volume on this current "bounce" is significantly lower than the sell volume, indicating a lack of real buyers.

• Risk Warning: The long upper wick (wick) on the previous candles suggests heavy profit-taking by whales. Chasing the pump here is extremely high risk.