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【$SIREN Signal】Short Squeeze Rally, Dip to Buy
$SIREN 4H timeframe breaks out of long-term consolidation on massive volume, daily gain near 18%, clear signs of capital inflow. Although negative funding rates suggest shorts haven't fully retreated, price shows strong breakout on heavy buying pressure, forming a typical short squeeze structure. Current price consolidating at highs on low volume, bid depth exceeds ask depth, bullish momentum remains intact.
🎯 Direction: Long
⚡ Entry: 0.880 - 0.895
🛑 Stop Loss: 0.752
🚀 Target: 1.120 / 1.267
🛡 Strategy: Take profits at first target and reduce position by half, move remaining position to breakeven, target the second objective.
View real-time chart 👇 $SIREN
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