$SIREN The 1H level, after experiencing a surge with increased volume, is currently in a healthy retracement and consolidation phase. The price has stabilized above the 4H EMA20 (0.3564), and the 1H EMA20 (0.3623) has crossed above the EMA50 (0.3597), indicating a solid short-term bullish structure. The current price hovers around 0.377, gathering strength for the previous high at 0.3869. Market depth shows sell orders accumulating above 0.377, but there is dense support around 0.3768. The depth imbalance of -36.38% indicates limited selling pressure, with clear main force support. Open interest remains stable, and the price has not fallen, which is a typical sign of strong consolidation.


🎯Direction: Long (Long)
⚡Entry/Order: 0.3750 - 0.3770
🛑Stop Loss: 0.3680
🚀Target 1: 0.3860
🚀Target 2: 0.4030
🛡️Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price of 0.3770. Hold the remaining position for Target 2. If the price falls below the moving stop loss, exit all positions.
(Depth Logic: The 4H candlestick closes with consecutive bullish candles, breaking through the previous consolidation platform, signaling trend initiation. The 1H RSI (54.97) is in a healthy zone, leaving room for further upward movement. Market logic indicates a price increase, combined with stable and high open interest, suggesting this is not just a simple short squeeze but more like a shakeout after new funds enter. The support at 0.368 (the low of the previous 1H candle) is strong, and the stop loss space is manageable. )
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SIREN-21.27%
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