$SIREN Long/Short ratio at 2.32 shows more traders are betting on price going up, and whales are also increasing long positions even though some are still at a loss around $0.704 entry. This suggests growing bullish confidence in the market.
However, risk is still high because if the price drops below $0.645, it could trigger liquidations and fast downside moves. On the upside, if shorts get squeezed, the price could quickly push toward $0.680–$0.705 resistance.
A large whale also opened a $70K long at $0.69, showing strong belief in a possible rebound or volatility spike. Overall, sentiment is leaning bullish, but tight stop-loss management is important due to nearby liquidation risk.
SIRENUSDT
Perp
0.6919
+2.97%