$SIREN
Market Event: The price surged by 154.80%, likely driven by a short squeeze.
Explanation: A sharp squeeze occurred after aggressive buying at key resistance, forcing shorts to cover.
Momentum Implication: Continuation looks likely as momentum is strong, but caution is needed near resistance levels.
Levels:
• Entry Price (EP): 2.28-2.40
• Trade Target 1 (TG1): 2.65
• Trade Target 2 (TG2): 2.90
• Trade Target 3 (TG3): 3.10
• Stop Loss (SL): 2.10
Trade Decision: Favor bullish continuation, but monitor for a rejection at 2.65.
Close: If the price holds above 2.40, continuation to 3.00 is possible.
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SIRENUSDT
Perp.
1.1714
+3.68%