$SIREN Weakening – Decreasing Structure Formation, Fading Momentum

$SIREN Currently showing a weak structure as it continuously forms lower highs, reflecting selling pressure is dominating. The increasing momentum is diminishing, buyers no longer have enough strength to sustain the rebound, while profit-taking and selling pressure are beginning to rise.
The price is fluctuating near the short-term resistance zone but cannot break through strongly. This indicates a high likelihood that the market will continue to correct if no new capital flows in.
📈 Trading strategy (Short):
⟶ Entry zone: 0.655 – 0.665
⛔ Stop Loss: 0.695
• Take Profit 1: 0.630
• Take Profit 2: 0.600
• Take Profit 3: 0.565
If the price continues to maintain the lower high structure and cannot break through the 0.695 zone, the short-term downtrend will be reinforced. Traders should manage their capital carefully and consider moving the stop loss to break-even when reaching TP1 to secure profits.