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【$SIREN Signal】Short squeeze logic activated, negative funding rate + 4H bullish trend
$SIREN RSI 1H 86.1, funding rate -0.0338%, bears continue to pay. 4H MACD histogram 0.0523 still expanding, upper Bollinger Band 1.2156 far behind. Selling depth slightly superior, but price remains firm at 1.2969, short squeeze momentum not exhausted.
🎯Direction: Long
⚡Entry/Order: 1.293009 - 1.296900
🛑Stop loss: 1.283931
🚀Target 1: 1.316353
🚀Target 2: 1.326080
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.
High RSI levels often indicate extreme sentiment phases, negative funding rate + stable open interest suggest bears have not exited in large numbers. Once the price breaks above the previous high of 1.3553 or triggers a short stop loss, short-term upward potential is considerable. Although 1H MACD histogram shortens, 4H momentum remains strong, and a pullback with a long position has a higher success rate.
Check real-time market 👇 $SIREN
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