$SIREN Long Liquidation Alert — $4.83K wiped at $0.08308
Coin: SIREN
Current Price: hovering near the $0.083 zone after a sharp downside flush
Key State: over-leveraged longs just got cleared, often a reset point rather than a trend end.
Support: $0.080 is the critical level. If buyers defend it, price can stabilize quickly. A deeper safety net sits near $0.075 where strong demand may appear.
Resistance: $0.086 is the first recovery barrier. Above that, $0.090 becomes the zone where sellers are likely to step in again.
Market Insights: Long liquidations usually happen near local bottoms or during trend continuation. The next few candles will reveal which one this is—watch volume closely.
Sentiment: Shaken but not broken. Fear spiked on the drop, which can create opportunity if support holds.
Targets:
Upside: $0.086 → $0.090 on a relief bounce.
Downside: $0.080 → $0.075 if selling pressure persists.
Next Move: Best play is patience. Let price react at $0.080. Strong bids and reduced sell volume hint at a bounce; failure means standing aside until the lower zone.
Pro Tip: After a long liquidation, the market often traps impatient shorts next. Wait for confirmation before
picking sides.
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