$SIREN Watch for short opportunities. Everyone is mindlessly chasing a breakout—at a time like this, I actually think it’s worth looking at the opposite direction.

The current 4-hour short structure is still intact, and the daily momentum is also bearish. Price is clearly being resisted in the range of 0.03094 to 0.03120. On the 15-minute chart, the RSI is around 43, and the bears still have room to keep pushing lower. Also, the 15-minute trading volume shows real selling pressure, not some fake move.

If you enter around this level, you can look for a drop to around 0.03013, or even the 0.02858 area. But make sure you place a proper stop-loss, and watch the defense level at 0.03231. Be careful with risk—don’t go in with too much size.