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$SIREN Yesterday still soaring at 1.1, today it dropped straight to 0.76, $GUA even worse, crashing from 0.78 to 0.49—tell me, are these the golden pits for bottom-fishing, or a new wave of guillotine?
Bullish on $SIREN: 1. It just fell 32% but still has a trading volume of 129 million, indicating the bulls are not dead; 2. 0.6888 is the previous support level, holding here could mean a large rebound space; 3. The theme belongs to a new sector, and once sentiment warms up, it can easily rally over 20%.
Bearish on $SIREN: 1. Daily chart shows continuous volume spikes on decline, main players are unloading; 2. All short-term moving averages are dead-crossed, a rebound is a good point for bears to add positions; 3. Liquidity is shrinking, this market cap cannot withstand the selling pressure.
Bullish on $GUA: 1. 0.4211 is a weekly bottom, most of the selling pressure has been released; 2. The decline is slightly smaller than $SIREN, indicating some funds are supporting the bottom; 3. The position is low enough, risk-reward ratio is favorable.
Bearish on $GUA: 1. Trading volume is only half of $SIREN, turnover is insufficient, no momentum for limit-up; 2. 0.4988 is close to the lowest point, but the upper shadow shows heavy selling pressure; 3. The overall market is cold, with few follow-through traders, prone to downward drifting.
My suggestion: Want to bet on a rebound$