## **SIRENUSDT Technical Briefing**


**Market Structure & Trend:**
The asset is currently in a **corrective phase** following an impulsive breakout. On the 4H timeframe, the structure has shifted from a parabolic Bullish **HH/HL** sequence to a consolidation pattern. Price is currently testing the **MA(7)** and **MA(25)** cluster (approx. **$1.15**), which are flattening out, signaling a loss of immediate upward momentum. The long-term bias remains bullish while above the **MA(99)** at **$0.82**, but short-term price action shows a **LH (Lower High)** at **$1.38**, suggesting a local range-bound environment.
**Support & Resistance:**
* **Immediate Resistance:** **$1.15 - $1.20** (MA cluster + psychological barrier).
* **Key Support/Liquidity Zone:** **$1.08** (Recent 24h Low) and **$0.98** (Structural HL).
### **Execution Setup: Long (Spot)**
* **Entry Strategy:** Enter on a successful flip of the **$1.15** resistance into support or a limit order at the **$1.08** liquidity sweep.
* **Technical Reasoning:** Price is respecting the ascending trendline originating from **$0.73**. A bounce from the **$1.08** support aligns with a retest of the previous breakout's value area.
* **Stop-Loss (SL):** **$0.97** (Placed strictly below the major structural HL and the 4H swing low to avoid stop-hunts).
**Take Profit Levels:**
TP1: **$1.24**
TP2: **$1.38**
TP3: **$1.55**
“Not Financial Advice — Do Your Own Research.”
$SIREN
#GateSquareMayTradingShare
SIREN-2.56%
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