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【$SIREN Signal】1H retest support + multi-cycle divergence correction, aiming for a rebound
$SIREN 1H MACD death cross expanding, selling depth ratio at 79%, but 4H MA20 (0.9817) still well below the current price. RSI on 1H dropped from 50 to 52, not entering oversold territory, and buying gap is not obvious. Orders around 0.6 are very thin, with a large number of passive buy orders below at 1.172 support. This trade has a decent risk-reward ratio, key is whether the 1.18 zone can hold.
🎯Direction: long
⚡Entry/Order: 1.180647 - 1.184200
🛑Stop loss: 1.172358
🚀Target 1: 1.201963
🚀Target 2: 1.210844
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If price falls back into the entry zone, exit automatically to protect principal.
Depth logic: After 1H volume expansion and decline, buy ratio rebounds to 0.5, gradually digesting selling pressure. The 4H Bollinger middle band at 1.2660 forms strong resistance, but short-term rebound target around 1.20 has trapped sellers easing pressure. No short squeeze signals at 0.0271% fee rate, purely technical bottom fishing.
View real-time market 👇 $SIREN
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