SIRENUSDT Perp: Surging +13%, Testing Key MA60 Level ⚡📈
SIREN is trading at $0.08391, up +13.15% today, showing strong bullish momentum. Price is currently testing the MA60 ($0.08352), which now acts as immediate support. The 24-hour high is $0.08450 (near-term resistance) and low is $0.07390 (key support).
Trade Idea (Momentum & Pullback Play):
Scenario 1 (Long on MA60 Bounce):
Entry Zone: $0.08350 – $0.08390 (near MA60 support)
Stop Loss (SL): Below $0.08250 (loss of structure)
Take Profit Targets (TP):
TP1: $0.08480 (above 24h high)
TP2: $0.08600 (next resistance extension)
Scenario 2 (Breakout Above Daily High):
Entry Trigger: Clear break and hold above $0.08460
Stop Loss (SL): Below $0.08380
Take Profit (TP): $0.08550 → $0.08700
$SIREN
Volume is notable at 1.20M USDT. The strong daily move suggests momentum is present, but caution is advised due to high volatility. Manage risk with defined stops.
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