$SIREN shows a clear weakness after several unsuccessful attempts to recover. The price recently tried to bounce back from the lower range but was strongly rejected near the key moving average resistance. The structure remains bearish, and the current movement looks like a continuation of the decline, rather than a reversal.
From a technical perspective, the price is trading below all key resistance levels and continues to print lower highs and lower lows. The area around 0.078–0.080 has acted as strong supply, rejecting the price multiple times. The recent push below 0.075 confirms that sellers are still in control, with momentum favoring a continuation of the decline.
Immediate support is around 0.072–0.070, which is a short-term liquidity zone. If this area is broken, the price could quickly slide to the next demand zone around 0.066–0.064.
From a fundamental perspective, there are no positive catalysts supporting buyers. The recent sell-off appears organic and technically driven, not related to news, which generally favors continuation rather than sharp reversals.
Market sentiment is clearly defensive. Traders are selling the bounces instead of buying the dips, confirming bearish control during intraday scalps.
As long as $SIREN remains below 0.080, short scalps remain valid.
Key levels in play
Resistance:
0.078 – 0.080
0.084 – 0.086
Support:
0.072 – 0.070
0.066 – 0.064
🔽 Trade signal for short scalper
Entry zone: 0.076 – 0.079
TP1: 0.072
TP2: 0.066
Stop Loss: 0.084
Leverage: 20x – 50x
Margin: 2% – 5%
Risk management: Move your stop-loss to entry after TP is reached
Short #SIREN Here 👇👇$SIREN


