$SIREN Analysis: Bullish Breakout or Trap? ๐
$SIREN is making waves today! The chart shows a massive spike in buying volume, pushing the price towards local resistance levels. After a period of consolidation, the "AI + Meme" narrative is picking up steam again.
๐ฏ Short-Term Trade Setup:
Entry Zone: $0.0980 โ $0.1050 (Current Market Price)
Stop Loss (SL): $0.0880 (Below recent support)
Target 1 (TP1): $0.1250
Target 2 (TP2): $0.1500
Target 3 (TP3): $0.1800+ (Moon bag!)
๐ Technical Insight: SIREN is currently trading above the MA(7) and MA(25) on the 4H chart. The RSI is entering the bullish zone, suggesting that momentum is firmly with the buyers. If we hold above the $0.10 psychological level, the next rally could be massive.
โ ๏ธ Risk Disclaimer: Meme/AI tokens are highly volatile. Always use a Stop Loss and never risk more than 2-3% of your capital on a single trade.
Whatโs your take? Is SIREN hitting $0.20 this week? Letโs hear your predictions! ๐ Click Trade Here ๐๐ป
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