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$SIREN (1H) - Bearish Rejection
Bias: Short
Entry (Zone): 0.03920 - 0.04010
Targets:
TP1: 0.03710
TP2: 0.03540
TP3: 0.03320
Stop Loss: 0.04190
Why this Setup:
I’m treating this as a short continuation setup because the 1H chart is still making lower highs after the recent breakdown, and price is struggling to reclaim the 0.0400 area. I want to sell into that resistance zone if momentum stays weak, with room for a drop back toward the recent lows and a deeper extension if sellers keep control.