$SIREN The market is showing a strong pullback. This presents a significant opportunity for traders to take a Short Entry and secure substantial profits. Do not miss this chance
Resistance Zone: The price is facing heavy rejection at the 0.6200 – 0.6300 level (indicated by your blue line). This area has acted as a solid ceiling.
Price Action: The presence of long upper wicks on the recent hourly candles suggests that buyers are losing steam and sellers are stepping in.
Correction Phase: After a massive pump of over 77%, a healthy correction is expected. The price is currently struggling to maintain its highs, making a move toward lower support levels highly likely.
Trade Strategy
Entry Zone: $0.5500 - 0.5800 (Current rejection area)
Take Profit 1: 0.4800
Take Profit 2: 0.4200
Stop Loss: 0.6450 (Above the resistance line to protect against a sudden breakout)
SIRENUSDT
دائم
0.6594
+4.43%