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The high-level key level I had been watching finally gave an answer today. This run in $SIREN isn’t just a simple pullback; it’s the downward pressure after a failed handoff above. The short positions have held until now— the rhythm is very clear.
What I focused on back then was that push up near 0.46953. The price looked strong, but volume couldn’t keep up. The bounce also didn’t continue, and the structure clearly changed. After entering, I didn’t rush to check the outcome. The main point was to wait for it to break the key level. Now the chart has reached 0.02639, with profits up +2314.2%—the move has clearly extended.
The conflict here is obvious. A lot of people thought the retest could still keep pushing up, but when the bounce weakened, the sell orders below immediately took over the pace. Put simply: after the direction flipped, the people who hesitated were still waiting for confirmation, while the market already moved first.
Now I won’t get greedy. I’ll handle 80/20 with part of it, and keep the remaining position with a protection level in place while continuing to watch. The biggest risk for winning trades is turning from active to passive. Only when you can defend the profit is it truly “eaten” for real.
If you didn’t catch it, don’t force the chase. If the entry feels uncomfortable, just wait. Move again when the next leg of the shorts gives a signal.
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