$SIREN Forum Post Version (Concise and Objective, Common in the Community)

SIREN 30-minute chart brief overview, current price 0.04137
The overall large bearish structure remains unchanged, with the price consistently pressed below the super trend line at 0.04506 and the EMA21 moving average, with rebound highs continuously declining, a typical downtrend continuation pattern.
From a data perspective: total holdings continue to decline, the long-short gap temporarily returns to zero, short-term crowding eases, but funding rates remain high at 0.145 positive, with no change in 1-hour high-frequency fee deductions, and long-term longs continue to incur losses.
Liquidations have been cleared, no concentrated selling momentum, short-term slight recovery is needed based on the 0.03969 low point, first resistance at 0.04147, strong resistance at 0.04293, with low volume making it difficult to break through, rebound space is only 1%-3%, unable to hold for 8 hours.
Core risk: the market maker’s spot holdings are not fully sold off, long-term hedge shorts remain unchanged, this small rebound is just a trap for trap-and-shake out, after oscillation, a high probability of testing the 0.03969 support again, once the price breaks below the low point, a new downtrend will begin.
Trading strategy is only suitable for short-term quick entries and exits, avoid heavy long-term positions, as high fees + large bearish structure exert dual pressure, no trend reversal signals have appeared so far.