The most interesting part of this $SIREN decline is that before the drop, many people still thought it was stable. Honestly, the most dangerous thing in trading is not the decline itself, but when everyone thinks it won't drop — that's often where things go wrong.



I'm watching SIREN mainly for high-level reactions, not just for the spectacle. Previously, it surged multiple times but was beaten back. The real change was when support started thinning and rebounds became weaker. I shorted around 0.04002. It wasn't smooth at first — there were fluctuations in between — but I didn't get shaken out.

Later, from 0.04002 to 0.0283, the return reached +718.13%. I won't aggressively add to this position now. First, keep the protective stop in place. Don't let the pullback ruin the rhythm already captured. Let the remaining space speak for itself.

Many people always want to eat the entire move, but actually taking the part that belongs to you is enough. After locking in the short, don't chase the bottom, don't rush to prove yourself. Wait for the next more comfortable position.

$BTC $ETH
SIREN3.80%
BTC0.79%
ETH0.23%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned