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$SIREN | 1h | Exhaustion Reversal Short
Bias: Short
Entry Zone: 1.20 to 1.26
Stop Loss: 1.33
Targets:
TP1: 1.10
TP2: 1.00
TP3: 0.90
Invalidation:
Close above 1.33
Why This Setup:
I see a strong parabolic move into the 1.28 to 1.32 resistance area, followed by repeated rejection and fading momentum. I’m looking for continuation lower if price loses the intraday support zone and sellers keep defending the recent highs.
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