【$SIREN Signal】Short squeeze continues, second rally after pullback confirmation
$SIREN price broke above previous highs at the 4H level with volume, showing a massive upper shadow on the 23:00 candle (phenomenon), but the price did not decline sharply afterwards. Instead, it received strong buying support in the 0.855-0.867 range, and the price remained resilient in a negative funding rate environment (fund verification). This is a typical strong pullback in a short squeeze scenario, with bull-side main funds not exiting the market, aiming to wash out weak hands before continuing to push higher (conclusion).
🎯 Direction: Long
⚡ Entry: 0.872 - 0.885
🛑 Stop Loss: 0.855
🚀 Target: 0.960 / 1.050
🛡 Strategy: Reduce position by half when first target is reached, move stop loss of remaining position up to entry price, engage in zero-risk trading for higher potential gains.
【$SIREN Signal】Short squeeze continues, second rally after pullback confirmation
$SIREN price broke above previous highs at the 4H level with volume, showing a massive upper shadow on the 23:00 candle (phenomenon), but the price did not decline sharply afterwards. Instead, it received strong buying support in the 0.855-0.867 range, and the price remained resilient in a negative funding rate environment (fund verification). This is a typical strong pullback in a short squeeze scenario, with bull-side main funds not exiting the market, aiming to wash out weak hands before continuing to push higher (conclusion).
🎯 Direction: Long
⚡ Entry: 0.872 - 0.885
🛑 Stop Loss: 0.855
🚀 Target: 0.960 / 1.050
🛡 Strategy: Reduce position by half when first target is reached, move stop loss of remaining position up to entry price, engage in zero-risk trading for higher potential gains.
View live charts 👇 $SIREN
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