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$SIREN (1h) - Rejection Short
Bias: Short
Entry (Zone): 0.503 - 0.510
Targets:
TP1: 0.492
TP2: 0.482
TP3: 0.472
Stop Loss: 0.526
Why this Setup:
I’m seeing a failed spike above resistance followed by heavy selling, which tells me momentum is fading fast. I want to short into any weak rebound while price stays below the recent high, looking for a move back into the prior support zone.