$SIREN Waterfall sell-off directly goes all-in on short, this drop is so satisfying


SIREN plummeted nearly 49% in one day, with a 15-minute candlestick dropping from 1.2584 to 0.6125, diving sharply and decisively.
I couldn’t help but open a short position at 0.68, and it’s fallen all the way to now with an unrealized profit of nearly 10%, holding is profitable.
MACD continues to diverge downward, the downtrend shows no signs of stopping, and this coin has already increased more than fourfold in 90 days, so a correction was long overdue.
Currently, sell orders account for 34.45%, and selling pressure has not been fully released yet, is it going to continue to test 0.5 next? Just hold the short and wait for a new low.
Tip: Cryptocurrency is highly volatile with extremely high risk. The above is only market commentary and does not constitute any investment advice.
SIREN-8.51%
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