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【$SIREN Signal】Short squeeze continues, pullbacks present opportunities
$SIREN surged 23.64% in a single day with trading volume soaring to 547 million, clearly driven by capital influx. The 4-hour level broke through previous highs with increased volume. Although the short-term buying ratio is slightly low (0.52), the negative funding rate (-0.1210%) keeps prices firm, indicating ongoing passive forced liquidation of short positions. High-level consolidation with decreasing volume signifies healthy rotation; the trend remains intact.
🎯 Direction: Long
⚡ Entry: 0.853 - 0.873
🛑 Stop Loss: 0.783
🚀 Targets: 1.130 / 1.268
🛡 Strategy: Reduce half of the position upon reaching the first target, move the remaining position to break-even, and aim for the second target.
View real-time market 👇 $SIREN
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