🚨 $SIREN Strategy: The Distribution Fade
Retail is chasing the breakout, but the Snipers see the institutional distribution. We are fading the current relief rally to target the structural breakdown.
Entry Zone: $0.835 – $0.865 (Supply Zone Rejection)
TP1: $0.770 (Immediate Liquidity)
TP2: $0.710 (MA-99 Macro Support)
TP3: $0.600 (Major Demand Floor)
Stop Loss: $0.900 (Hard Exit Above the Blow-off Wick)
Trade Logic:
SIREN has entered a "Sell the News" phase. The price is currently overextended from the MA(99) ($0.60), and the RSI is showing a bearish divergence on the 1H timeframe. I am looking to short the rejection at $0.86. A 4H close below $0.80 will confirm the start of a deep flush. Note: Volatility is extreme; keep your leverage low and your entries precise.
#SIREN #ShortSignal #TalhaSniper #BinanceSquare #smartmoney
