⚡️ $SIREN /USDT Trading Signal: Breakout or Fakeout?
The $SIREN USDT chart is showing massive volatility today with a +15.47% pump! We are currently seeing a consolidation phase right at the top of the recent impulse move. Here is the setup:
🎯 Trade Setup (Long Momentum)
Entry Zone: $0.2650 - $0.2700 (Current Market Price)
Take Profit 1: $0.2785 (Test of 24h High)
Take Profit 2: $0.2950 (Psychological Resistance)
Take Profit 3: $0.3150 (Moon Target)
Stop Loss (SL): $0.2480 (Below recent 1H consolidation support)
🔍 Technical Observation:
Support Holding: The price is currently respecting the AVL line (0.26913). As long as we stay above this, the bullish structure remains intact.
Short Squeeze Potential: The order book shows a heavy tilt toward Shorts (68.61%). If the price breaks the 24h high of 0.27862, we could see a massive short squeeze liquidation driving the price even higher.
Risk Warning: The 24h volume is very high (138M USDT), meaning moves will be fast. Always use proper risk management and don't over-leverage!
What are you doing here? 📈 Long or 📉 Short? Let me know in the comments!
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