$SIREN Signal】Pullback with multiple entries, funding rate is relatively high, need to wait


Funding rate is 0.0582%, long position costs have significantly increased. The 1H MACD histogram negative value is expanding, short-term selling pressure is releasing. The 4H Bollinger Band middle line at 0.6811 provides support, and after retesting, the bulls are more cost-effective.
🎯Direction: Long (Place order and wait for pullback)
⚡Entry: 0.6837 (Recommended lower limit for placing order)
🛑Stop loss: 0.6782
🚀Target 1: 0.6946
🚀Target 2: 0.7001
🛡️Trade management: - Execute strategy: After the order is triggered, if the price reaches Target 1, reduce position by 50%, and move the stop loss near the entry price. If the price falls below 0.6837 and the order is not filled, cancel the order to avoid chasing a short.
Current price 0.7013 is above the order price, with a risk-reward ratio of about 1:2, waiting for a more stable pullback. The 4H EMA50 (0.7008) has broken, and support below needs to be observed.
View real-time market 👇 $SIREN
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #加密市场小幅下跌 #Polymarket每日热点
SIREN2.07%
BTC-0.71%
ETH0.2%
SOL-1.06%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments