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$SIREN $SIRENUSDT (1h) - Range Rejection Short
Bias: Short
Entry (Zone): 0.5120 - 0.5135
Targets:
TP1: 0.5070
TP2: 0.5025
TP3: 0.4980
Stop Loss: 0.5195
Why this Setup:
I’m looking for a rejection around the current range ceiling because price has been failing to hold above 0.52 and is still showing weak momentum. I want the short only if it loses the local intraday support, since that opens a clean move back toward the lower end of the range and the prior demand area.