$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 gradually 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 surpass 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.