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$SIREN exploded… but what came after matters more.
After pushing into $0.99, SIREN saw an aggressive rejection and shifted into a sharp pullback phase.
That wasn’t just profit-taking.
That was momentum getting cut.
Now sitting around $0.81, price is showing:
→ Strong rejection wicks from the top
→ Fast downside candles
→ Weak bounce attempts
That’s not continuation — that’s post-pump distribution behavior.
What’s happening here?
This zone (~$0.80–$1.00) is where:
• Late buyers got trapped near the top
• Early buyers are unloading into strength
• Liquidity is being built below
Two scenarios:
1. Reclaim strength
If SIREN reclaims $0.90+ → chance of continuation attempt
2. Deeper pullback
If $SIREN loses $0.80 → likely move toward lower support zones
Insight:
Fast pumps followed by sharp rejection
usually lead to cool-off phases, not instant continuation.
Right now, SIREN isn’t dead —
but it’s resetting after exhaustion.
My approach:
No chasing post-spike.
Wait for structure to rebuild.
What’s your view — dead cat bounce or another leg after reset? 👇