📉 SETUP SHORT — $SIREN /USDT Perp | 5X
The price printed a local top at 2.847 and shows clear signs of bullish exhaustion. The market structure is reversing.
🔍 Analysis :
∙ Strong rejection from 2.84 — marked bearish wick
∙ Price under the Supertrend (10.3) → confirmed reversal signal
∙ Seller/buyer ratio: 63.49% short side — the order book leans bearish
∙ Decreasing volume on the rebounds → no buying conviction
📌 Key levels :
🎯 TP1 : 2.35
🎯 TP2 : 2.19 (visible structural support on chart)
🛑 SL : 2.55 (above the last swing)
⚙️ Setup :
Entry zone : 2.46 — 2.48
Leverage : 5X cross
RR : ~1:3
This post is shared for informational purposes only. Not financial advice. DYOR.
The price printed a local top at 2.847 and shows clear signs of bullish exhaustion. The market structure is reversing.
🔍 Analysis :
∙ Strong rejection from 2.84 — marked bearish wick
∙ Price under the Supertrend (10.3) → confirmed reversal signal
∙ Seller/buyer ratio: 63.49% short side — the order book leans bearish
∙ Decreasing volume on the rebounds → no buying conviction
📌 Key levels :
🎯 TP1 : 2.35
🎯 TP2 : 2.19 (visible structural support on chart)
🛑 SL : 2.55 (above the last swing)
⚙️ Setup :
Entry zone : 2.46 — 2.48
Leverage : 5X cross
RR : ~1:3
This post is shared for informational purposes only. Not financial advice. DYOR.