$SIREN Continue to stay bearish. The market is all watching for a breakout, but I think this could just be a bull-trap for a squeeze. Crowded longs can easily get trapped at this level.

At present, the overhead rejection zone is still effective. The 4-hour short structure hasn’t broken, and the daily timeframe is still bearish. Price around 0.02787 to 0.02799 is clearly being suppressed.

From the 15-minute chart, the RSI is around 48, and the bearish momentum still has room to push further down. Also, the current volume indicates real selling pressure—not a fake move.

In terms of setup, you can look for opportunities in the 0.02787 to 0.02799 range. Downside may test 0.02747 and even 0.02672. Don’t go too heavy chasing. Be mindful of risk, and keep a close eye on the defense level at 0.02854 on the upside.