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$SIREN Showing Early Signs of Recovery From a Long-Term Bottom
$SIREN appears to be forming a potential bottoming structure after an extended downtrend. The recent surge in volume and strong bullish candles from the lows suggest that buyers are beginning to accumulate. While the larger trend is still recovering, holding above the recent breakout zone could open the door for a stronger reversal move in the coming sessions.
Since this is a recovery-from-bottom setup rather than a confirmed long-term uptrend, position sizing should be more conservative until higher highs and higher lows are established.
Trade Setup
Entry: 0.0580 - 0.0620
TP1: 0.0750
TP2: 0.0900
TP3: 0.1200
SL: 0.0490
Buy and Trade $SIREN 🚀📈
#SPACB #EVVA #SYN
$SIREN appears to be forming a potential bottoming structure after an extended downtrend. The recent surge in volume and strong bullish candles from the lows suggest that buyers are beginning to accumulate. While the larger trend is still recovering, holding above the recent breakout zone could open the door for a stronger reversal move in the coming sessions.
Since this is a recovery-from-bottom setup rather than a confirmed long-term uptrend, position sizing should be more conservative until higher highs and higher lows are established.
Trade Setup
Entry: 0.0580 - 0.0620
TP1: 0.0750
TP2: 0.0900
TP3: 0.1200
SL: 0.0490
Buy and Trade $SIREN 🚀📈
#SPACB #EVVA #SYN
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