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$SIREN (1h) - Bearish Pullback Short
Bias: Short
Entry (Zone): 0.5620 - 0.5780
Targets:
TP1: 0.5360
TP2: 0.5100
TP3: 0.4880
Stop Loss: 0.6070
Why this Setup:
I’m looking for a short after the sharp rejection from the recent high, since price is losing momentum and trading back below the breakout area. I want a pullback into the mid-range for a continuation move toward the prior support levels.