【$SIREN Signal】Short squeeze pullback, 1H level secondary surge imminent

$SIREN After experiencing a massive rally, the 1H level is consolidating strongly above the EMA20 (0.1410). The 4H level has confirmed a breakout from the long-term consolidation zone, turning the trend bullish. The current pullback is an excellent opportunity for a second entry. Open interest remains stable, and after sharp volatility, the price refuses to fall sharply, indicating clear main force support intentions. The short squeeze logic is still ongoing.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.1540 - 0.1560 ( Reason: 1H EMA20 support zone and the dense area of the previous hour's low points )

🛑 Stop loss: 0.1470 ( Reason: Break below the previous 1H low and ATR lower band )

🚀 Target 1: 0.1685 ( Reason: Breakout above previous high resistance, creating a new intraday high )

🚀 Target 2: 0.1800 ( Reason: Based on the 1.618 Fibonacci extension of the rally wave )

🛡 Trading management:

- Position suggestion: Light position ( Reason: Intraday volatility is extremely high, strict risk control is needed )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Track the remaining position with the 1H EMA20 as a trailing take-profit line. If the price cannot quickly move away from the cost basis and falls below 0.1540 after entry, consider exiting early.

Deep logic: The 4-hour chart shows a volume breakout with a strong bullish candle, completely reversing the downward trend. The 1-hour RSI (63.57) has healthyly fallen from the overbought zone without entering oversold territory, indicating a strong correction. Market depth data (bid_ask_ratio_depth: 1.12) slightly favors bids over asks, with a large accumulation of buy orders around 0.157, forming immediate support. Funding rate is only 0.005%, with no overheating risk, leaving room for continued short squeeze. Combining market logic signals “price rising + position stability,” this appears to be new bullish main force entering rather than purely short covering, with promising momentum ahead.

Trade here 👇 $SIREN

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