【$SIREN Signal】Short Position + Liquidity Trap After Extreme Volatility

$SIREN After an extreme surge of over 200% in a single day, the price experiences intense fluctuations, forming a liquidity trap. The 4H chart shows a massive long upper shadow, with the price rapidly dropping from the high of 0.388, indicating extremely heavy selling pressure at high levels.

🎯Direction: Short Position (NoPosition)

Market Logic: 1) Open interest (OI) remains "stable" during sharp price rises and falls, rather than increasing synchronously, indicating that major players are not continuously building positions but are instead engaging in a game of existing capital accumulation and harvesting. 2) While Taker buy orders are genuine, combined with massive trading volume and price retracement, this is a typical "buying absorption failure," suggesting that the main players may be using liquidity to distribute. 3) The current price is in a disorderly oscillation zone, with a massive accumulation of trapped orders in the 0.29-0.37 range above, and weak support below. Under this structure, the risk-reward ratio for any directional trade is extremely poor. Waiting for the price structure to reshape and volatility to converge.

Trade here 👇 $SIREN

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