$SIREN — Momentum Trap Activated ⚠️
$SIREN just ran straight into a heavy sell wall between 0.227 – 0.230 after spiking to 0.249, and the reaction was instant rejection. Now we’re seeing lower highs on intraday structure and momentum drying up — classic distribution behavior after a liquidity grab.
Price is struggling to stay above 0.214, which tells us buyers are losing control.
If 0.212 cracks cleanly, expect acceleration to the downside as weak longs get flushed.
🔻 Trade Plan (Short)
Entry Zone: 0.214 – 0.220
Stop Loss: 0.232
Target 1: 0.205
Target 2: 0.198
📉 RR Potential: 1:3 up to 1:5
(From ~100% to 500% depending on leverage & execution)
🧠 Pro Trader Notes
• Rejection from supply zone = smart money selling into strength
• Lower highs = trend shift confirmation
• Breakdown of 0.212 = trigger for continuation
• Best entries come on small pullbacks, not green candles
• Partial profits protect psychology and capital
⚔️ Execution Strategy
✔️ Enter only after rejection confirmation
✔️ Scale out at TP1, let runners hunt TP2
✔️ Move SL to breakeven after TP1
✔️ No revenge trades if invalidated
This is not about prediction — it’s about structure, reaction, and probability.
If the breakdown happens, sellers take control.