Based on BSC, the meme coin SIREN has surged over 110% to $2.21 despite recent market concerns about wallet concentration and a 40% decline in 24-hour open interest. While short-term technical indicators have turned bullish, the sustained decrease in trading volume since March 14 and negative funding rates suggest that market sentiment remains pessimistic. Analysts point out that the key resistance level is at the $2.37 Fibonacci retracement level. If this resistance is broken through, it could potentially explore down to $3.