$SIREN — Range compression after a failed breakout signals fading upside momentum

Short SIREN

Entry: 0.2170 – 0.2200

SL: 0.2320

TP: 0.2050 – 0.1980 – 0.1900

Price spiked into 0.2495 and was immediately rejected, showing clear supply overhead.

Since the rejection, bounces have been shallow and repeatedly capped near the 0.22 area.

Momentum has flattened with lower highs forming on the intraday structure.

The current range is compressing beneath resistance, favoring continuation to the downside.

Unless price reclaims and holds above 0.2320, the path of least resistance remains lower.

Trade here👇

SIRENUSDT

Διην.

0.23216

+6.74%