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$SIREN | 1h | Breakdown Rejection
Bias: Short
Entry Zone: 0.5530 to 0.5600
Stop Loss: 0.5870
Targets:
TP1: 0.5290
TP2: 0.5110
TP3: 0.4850
Invalidation:
Close above 0.5870
Why This Setup:
I’m shorting the failed bounce under the prior breakdown area near 0.56, where price is still chopping below the recent supply zone after the sharp selloff.
The structure favors another leg lower if 0.55 fails to hold, with liquidity sitting below the range and room to revisit the mid-0.52s and 0.51 support.
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