$SIREN – Expansion into supply, but the move is starting to stall
Trading Plan Short $SIREN
Entry: 0.691 – 0.727
SL: 0.770
TP1: 0.645
TP2: 0.592
TP3: 0.539
The push into this zone extended quickly — but now the extension is losing quality.
Price is climbing into a heavy supply band, yet each move higher is getting less efficient. Smaller ranges, slower follow-through, quicker reactions.
That’s not continuation — that’s pressure building overhead.
This is where most traders misjudge the move. They focus on the strength that already happened, instead of recognizing the shift happening now.
Instead of breakout behavior, this looks more like absorption. Buyers are still active, but not in control.
If this zone holds, it turns from opportunity into a ceiling — and once that shift confirms, downside rotation tends to build fast.
Trade $SIREN here 👇
