$SIREN just tapped a major supply zone and got rejected hard
That breakout attempt? Failed.
Momentum? Fading.
Structure? Starting to print potential lower highs.
This looks like a relief bounce — not real strength.
If sellers step in from here, the drop could accelerate fast
SHORT: $SIREN / SIRENUSDT (Perp)
Entry (EP): $0.150 – $0.155
Stop Loss (SL): $0.178
Take Profit Targets (TP):
• TP1: $0.142
• TP2: $0.128
• TP3: $0.110
Trade Logic:
Price pushed into previous supply and failed to hold
Breakout lacked volume follow-through
Upside momentum weakening
Risk-to-reward heavily favors downside continuation