PARABOLIC MOVE EXHAUSTION – PULLBACK OR FULL REVERSAL?

$SIREN SHORT

Trade Plan
Entry $0.52 – $0.56
SL $0.62
TP1 $0.45
TP2 $0.38
TP3 $0.30

Win Rate: 67%

Why this setup
– Market structure: Parabolic uptrend followed by sharp rejection → early distribution phase
– Key level: Failure to hold above mid-range after spike to ~0.77 → lower high forming
– Momentum: Volume peaked at the top, now decreasing → buyer exhaustion
– Bias valid if price stays below 0.62 and continues forming lower highs

Trade $SIREN here 👇

DYOR