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$SIREN (1H) - Range Breakdown Short
Bias: Short
Entry (Zone): 0.0439 - 0.0444
Targets:
TP1: 0.0422
TP2: 0.0412
TP3: 0.0397
Stop Loss: 0.0458
Why this Setup:
I see price still compressing after a sharp selloff, and I prefer fading strength into the upper end of the range. I’m looking for rejection near resistance and continuation back toward the prior lows if sellers stay in control.