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$SIREN Signal: Callback to buy more (negative fee rate expected to squeeze short positions)
$SIREN 1H RSI 71.45, deep imbalance -21.62%, visible selling pressure. But funding rate -0.0973%, shorts continue to pay, open interest stable, price strongly resists deep correction. 4H MACD histogram still expanding, bullish momentum not exhausted. 1H Bollinger upper band at 1.2967 just broken, current price 1.3654 temporarily away, short-term technical pullback needed.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 1.3023 (buy near target 1 on pullback)
🛑Stop loss: 0.8703 (narrow stop loss requires caution, can be relaxed to around 1.20, but execute according to system rules)
🚀Target 1: 1.3023 (break-even partial profit-taking)
🚀Target 2: 1.4463 (break previous high and continue)
🛡️Trade management: - After order trigger, if price stabilizes above 1.3023, hold if pullback does not break 1.3023. - At target 1, reduce position by 50%, move stop loss to entry price. Remaining position targets 2. - If price falls below 1.3023, wait for secondary confirmation or exit with stop loss.
Deep negative funding rate combined with anti-drop pattern suggests higher probability of short squeeze. Current risk-reward depends on entry precision; 1.3023 is a dense area of previous positions, effective support could lead to short-term explosive movement.
View real-time market 👇 $SIREN
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