$SIREN made a sharp vertical push into resistance and is now starting to lose momentum.
Price spiked straight into the overhead zone around $0.1530 – $0.1580, but instead of expanding, candles are crowding. Upper wicks are appearing quickly, the range is tightening, and each push looks weaker than the last. Volume flashed on the initial hit — then faded while price stayed pinned under the cap.
This is classic hesitation at resistance.
📌 Trading Plan (Short):
🔹 Entry: $0.1530 – $0.1580
🔹 Stop Loss: $0.1708
🔹 Take Profit 1: $0.1285
🔹 Take Profit 2: $0.1180
🔹 Take Profit 3: $0.1050
🎯 Idea: If price continues to reject the ceiling and fails to establish acceptance above it, downside rotation could follow.
🚫 Invalidation:
If price accepts above $0.1708 and begins holding cleanly above resistance, the setup is invalid. Immediate exit if pushes stop snapping back and start sustaining above the level.
Controlled risk. Clear plan. No chasing.
#SIREN #cryptouniverseofficial #Binanc #ShortSetup $SIREN
