A $1.58K LONG liquidation just hit $SIREN at $0.29658, flushing leveraged long positions and resetting short-term market structure. Liquidations near intraday support often act as a liquidity sweep, clearing weak hands before the next directional move.
With leverage removed, $SIREN is now trading at a key reaction zone. If buyers step in and defend this level with strong volume support, $SIREN could attempt a recovery bounce. Failure to hold may open the door for deeper downside continuation.
Trade Setup
EP: 0.288 – 0.302
TP1: 0.320
TP2: 0.355
TP3: 0.410
SL: 0.272
Post-liquidation moves can be sharp — let price action confirm direction.
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