【$SIREN Signal】Long! 1H breakout and retest confirmed, main force clearly protecting the market

$SIREN The 1H timeframe has experienced a massive rally and is now at the end of a healthy flag pattern correction. The price is tightly above the EMA20 (0.2387), refusing a deep pullback. A towering pillar on the 4H chart (+19%) has directly reversed the downward trend. Currently, the price is strongly consolidating above EMA20 (0.2237), establishing a bullish pattern. Market depth data shows concentrated buy orders, with slight imbalance, but clear signs of main force protecting the market at key price levels (OI stable, price firm).

🎯Direction: Long (Long)

🎯Entry/Order: 0.2600 - 0.2625 (Reason: 1H EMA20 dynamic support zone resonating with the lower edge of the flag pattern )

🛑Stop Loss: 0.2490 (Reason: Break below the lower edge of the flag structure and the previous 1H candle low )

🚀Target 1: 0.2785 (Reason: Previous high resistance level, also the top of the 4H large bullish candle )

🚀Target 2: 0.2950 (Reason: Based on the recent rally’s 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position suggestion: Light position (Reason: Significant rally within the day, extremely high volatility )

- Execution strategy: After reaching 0.2785, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.2620. If the price fails to hold above 0.2785 and falls back, exit all positions.

Depth logic: Over the past 4 hours, trading volume exploded, but open interest (OI) remained stable. This is not just retail FOMO but looks more like new funds entering and locking positions. The 1H RSI (67.61) has healthy retraced from overbought territory without entering oversold, indicating strong correction. Funding rate is only 0.005%, with no overheating risk. Combining market logic, “price rising, consider open interest,” current stable OI + strong sideways price action strongly suggests main force is protecting the market, preparing for the next rally.

View real-time quotes 👇 $SIREN

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