【$SIREN Signal】1H accelerated surge, negative funding rate supports the market, long positions betting

$SIREN 1H RSI approaching 81, MACD momentum bars narrowing but price still making new highs, Bollinger upper band around 0.7326 showing selling pressure. Order book sell depth is dominant (Bid/Ask ratio 0.33), funding rate -0.11%, short positions paying holding costs. Short-term bulls are still stable, but the risk-reward ratio for chasing gains at high levels is narrowing, need to closely monitor momentum continuation.
🎯Direction: Long
⚡Entry/Order: 0.7278 - 0.7300 (buying on dips at current price zone)
🛑Stop loss: 0.7227
🚀Target 1: 0.7409
🚀Target 2: 0.7464
🛡️Trade management: - Execute strategy: reduce 50% of positions after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Funding rate remains negative, accumulating short pressure may trigger a short squeeze. 4H Bollinger bands opening upward, bullish trend intact. The current risk is the depth of a correction after 1H overbought conditions; if volume increases and price breaks below stop loss, exit decisively.
View real-time market 👇 $SIREN
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